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Gold to rally from 28,280: Rajesh V

By Rajesh V
|

Gold to rally from 28,280: Rajesh V
Rajesh V shares his views on commodities such as Gold, Silver and Copper.

Gold - October

 

Gold has support at 28280 levels; holding above this level we can expect further rally in gold.

Supports – 28166 / 28066

Resistances – 28509 / 28766

Silver – December

Silver has been range-bound levels; silver have to break 66760 levels to hold its bull strength.

Supports – 66135 / 65265

Resistances – 67390 / 67600

Copper – November

Copper have to trade above 416 levels in openings, failing will bring down again.

Supports – 412.90 / 411.30 / 408.80

Resistances – 416.50 / 418 / 420.50

Rajesh V. Ravanappan is a practitioner of technical analysis. He has eight years of experience in broking industry. He is a contributing writer for www.goodreturns.in. You can contact him at rajeshvravanappan (at) gmail (dot) com

If you would also like to contribute or send us a feedback, then e-mail to money (at) oneindia (dot) co (dot) in

GoodReturns.in DISCLAIMER: The views expressed in this article are the views of the author and do not reflect the views of our company. GoodReturns.in does not take any responsibility for any losses incurred by investors who take their cues from the above article.

Story first published: Tuesday, September 6, 2011, 9:14 [IST]
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