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Showing posts from October 2, 2013

CRUDE OIL - an update

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OIL.WTI ($101.63) - Posted on 16th June when it was traded at $97.84 "Above $98.97-100.15 upside target $113.68-113.98" as posted it broken 100.15 on 03rd July and from there it moved up and made high $ 112.21 on 28th Aug. (short fall of almost $ 1 from the mentioned  upside target) and from there it is coming down and as on yesterday it made low $101.04. now what next ?  Resistance $ 102.2-104.20 if not move beyond that, then   the ultimate down side target $ 94.40-92.20

GOLD - an update

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GOLD ($ 1287) - Below was tweeted on 25th Aug. and here is that embed  but GOLD rallied from $1180 to $1400 now it is time for top out / top out range $1400-1425 expect fall — MURUGAVEL (@murugavell) August 25, 2013 and after this tweet it made high $1433 on 28th Aug.  and from there fall started  and as on yesterday it made  low $ 1282 now what next ?     Support $ 1270-1250  and below that next  $ 1218-1200   or even retest the previous low of $ 1180 in case trade and stays below that  then next ultimate down side target  $ 928-908