GOLD:- Last week we said that gold should hit 1230-1240 for any meaningful correction in the gold to set in.Actually it made the top of 1227.50 & violently reacted on downside to 1150.We see it bouncing of to 1180-85 area & then reacting towards the 1150-1130 zone.

 

SILVER:- It made the high of the 19.50 against our target of 19.00 & started decling to close at 18.52.For the coming week it may bounce to 19.00-19.15 & then open the another leg down which should find support at b17.75-17.05 range.

 
 

CRUDE:- It is headed for down & find the support at 72.50 & 69.00.