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COMMODITY MARKET WRAP 16 JULY 2012

Posted by IntradayTips on July 16th, 2012

 

 

BASE METAL WRAP:Copper traders are the most bearish in six weeks on concern demand will slow in China, Europe and the US at a time when hedge funds are betting on lower prices. Copper fell 0.3% to $7,577 a tonne this year on the London Metal Exchange after slumping 21% last year. The MSCI World Index of equities gained 2% since the start of January and the S&P GSCI gauge of 24 commodities slid 4.6%.

 

 

COPPER (AUG)

TREND CONSOLIDATE

SUPPORT 1: 418.05

SUPPORT 2: 414.20

RESISTANCE 1: 425.15

RESISTANCE 2: 428.45

CRUDE OIL (JUL)

TREND CONSOLIDATE

SUPPORT1: 4700

SUPPORT2: 4620

RESISTANCE1: 4825

RESISTANCE2: 4920

GOLD (AUG)

TREND BEARISH 

SUPPORT1: 29180

SUPPORT2: 29115

RESISTANCE1: 29368

RESISTANCE2: 29491  

Free Commodity Tips

Posted by Christopher Bason on March 27th, 2012

With growing demand and easy money policies from central banks, commodities have rallied sharply in recent years, which has garnered a lot of new investor interest in commodities and left many wondering where they can find free commodity tips. Free commodity tips are not as hard to come by as one might imagine.

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5 Winning Commodity Tips

Posted by Christopher Bason on August 19th, 2011

When creating a winning system for trading, you can benefit from commodity tips to provide helpful success strategies.Trading commodities is risky, but you can minimize risk with the right research and techniques. Employing the following tips can help you to make the most out of your commodity portfolio.

STOP LOSING MONEY AND GET DIAMOND

Posted by NiftyTips on August 8th, 2011

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Commodity Market Analysis 4 aug 11

Posted by NiftyTips on August 4th, 2011

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Commodity market analysis 3 aug 11

Posted by NiftyTips on August 3rd, 2011

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Commodity Trading Levels for 1 Aug 11

Posted by NiftyTips on August 1st, 2011

Get Daily commodity trading levels, important market related news, Commodity Tips, Technical calls as well equity news and technical calls too.
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