WEEKLY COMMODITY OUTLOOK (19/04/2010)

GOLD:- Gold is not likely to breach the 1127 & if it holds above 1127 then it will attempt to retest the 1170 level.


SILVER:- In our view it is not likely to breach the 17.50 & if it holds for next 2 days then it will attempt to head for 18.90.



CRUDE:- It has strong support at 81 & if it holds for next two days it will attempt for retest of 87.00.



COPPER:- In our view it will not breach 345 & on upside  if it crosses 353 it will attempt for 367 for the retest.  

 

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