COMMODITY ANALYSIS FOR TODAY 14 MAR 2016

GOLD: The above is hourly chart of Gold. It suggests that prices are likely to bounce back till 29375 after taking suport near lower trend line located at 28870 levels. Hence, prices are expected to show reversal in the trend.

Call: Buy around 29130 levels with a stop loss placed below 28870 levels for target of 29375 levels.

SILVER: The above is hourly chart of Silver. It suggests that prices are trading in sideways zone. Technically, it is expected to hold lower support of 36620 levels. It is expected to bounce back towards 37420 levels.

Call: Buy around 36950 levels with a stop loss placed below 36620 levels for targets of 37420 levels.

CRUDEOIL: The above is hourly chart of Crude Oil. It suggests that prices are likely to remain capped under resistance of 2510 levels. It is expected to fall down till 2430 levels.

Call: Sell around 2475 levels with a stop loss placed above 2510 levels for targets of 2430 levels.