WEEKLY COMMODITY OUTLOOK (23112009)

GOLD:- We had been bullish on gold since 973 & projected the target of 1100 two months back.It has been overshoot last week.However it is strongly trended & moving up within the steep rising channel.A  breach of the lower line decisively will be the first indication of the exhaution of the upmove.On satisfying these conditions it can be shorted with the stop of the high. 





SILVER:-
It is in the currently in the blow off terminal move & it may show the high in the range 19.30-19.60.



 

 



CRUDE:-
It has been moving range bound within the 76.5 -80.5 for many days.Any break will have significant move on either side.However we are inclined for the downward breach.Your browser may not support display of this image. 
 

 

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