commodity trading levels for today : 25 july 2011

COPPER (AUG) – copper’s Aug contract which is going to expire on 30 Aug 2011, is expected to trade between the broad ranges of 433 to 432. Expected resistance and support level for today trade are as follows.

RESISTANCE:  R1- 434   R2- 435

SUPPORT:       S1- 433  S2- 432

CRUDE OIL (jul) – expected resistance and support levels for the crude July contract with expiry date of 19 aug 2011 are:

 RESISTANCE:  R1-4451   R2 - 4455

 SUPPORTS:     S1- 4443  S2- 4439      

  

GOLD (aug) -  gold august contract which will expire on 5^th aug 2011.gold fallen down badly as it was trading in the final leg of the rally strngthning dollar resisted the rise. Resistance and support levels for the next trading session are:

RESISTANCE:  R123121    R2-23142

SUPPORTS:     S1- 2067   S2-23034

SILVER (Sep) -   silver on 23^rd July closed at 59486.silver traded in positive mood but with less intensity. Expected resistance and support level for today trade are as follows.

RESISTANCE:  R1-59679   R2-59871

SUPPORTS:     S1-59340    S2-59153