COMMODITY MARKET 5-march

GOLD (APR) - Precious metal dropped greatly in the week on again to again negative reviews from Federal Source. On the contrary smart profits were mentioned in Level of resistance and support levels for the today's current procedure for Precious metal FEB contract which will end on 5th APR 2012 are:

SUPPORT 1: 27975
SUPPORT 2: 27885
RESIST 1: 28085
RESIST 2: 28165

SILVER (MAR) – Silver went up increasing of professional materials in which it is substantially used. Gold is Predicted level of resistance and assistance levels for these days business are as follows:

SUPPORT 1: 57975
SUPPORT 2: 57895
RESIST 1: 58185
RESIST 2: 58275

CRUDE OIL (FEB) – Native Indian Raw futures trading shifted in line with European costs and led to red. Provide disorder of oil from Iran improved the costs for few classes but overall it was a lifeless week’s time for the energy section with uneven need and development of selections. During the weeks time some rises in crude oil was mentioned on the back of send in pipe of in Saudi Arabic. Predicted level of resistance and support levels for the crude Dec agreement with expiration time frame of 20 FEB 2012 is:

SUPPORT 1: 5285,
SUPPORT 2: 5165,
RESIST 1: 5385,
RESIST 2: 5465,

COPPER (FEB) – Birdwatcher futures trading shifted on while other materials followed on improved risk hunger and reducing economic stress. Drop in LME selections is showing that demand is growing that is making off take for the steel. The total Birdwatcher selections have dropped by more than 22% since Jan to 289000 plenty on 2 Goal 2012.Expected levels of resistance and support level for today trade are as follows:

SUPPORT 1: 426.25
SUPPORT 2: 422.65
RESIST 1: 433.45
RESIST 2: 436.85

loss recovery