COMMODITY ANALYSIS FOR TODAY 30 MAR 2016

YESTERDAY'S GOLD ROCKS HIT TGT 28665 MADE HIGH OF 28830  !!!!!!!!!!!!!!!!!!!

YESTERDAY'S SILVER ROCKS ALMOST HIT TGT 36950 MADE HIGH OF 36829!!!!!!!

GOLD: The above is hourly chart of Gold. It suggests that prices are making lower highs and lows. Hence, it is expected to make another lower high till 28950 levels. On the flip side, immediate support is located at 29550 levels.

Call: Buy above 28600 SL 28550 TGT 28950

SILVER: The above is hourly chart of Silver. It suggests that prices are taking resistance near 36890 levels. If it crosses then we could see rise upto 37485 levels. On the downside, it has immediate support at 36480 levels.

Call: Buy above 36700 SL 36480 TGT 37885

CRUDEOIL: The above is hourly chart of Crude Oil. It suggests that prices are forming wedge pattern, which has already given breakout on the upside. Further is has confirmed reversal in the trend by positive divergence on RSI.

Call: Buy around 2590 SL 2545 TGT 2645 levels.