WEEKLY COMMODITY OUTLOOK (21/12/09)

GOLD:- It has formed the intermediate term top at 1227.5 & reacted sharply to 1110.2.It has bounced back to 1142.50 & started declining & we see this decline to terminate in 1035-1050 area.
 

 

                                         

SILVER:- For the coming week we see it coming down the 16.20 or lower.

 



CRUDE:-
For the coming week we expect it to unfold the down wave towards the 66.00.


 

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