15 June 2016

BULIONS & ENERGY LEVELS FOR 15 JUNE 2016

Bullions: Gold hit it’s highest in almost six weeks on Tuesday, rising on worries about a potential British exit from the European Union and expectations the U.S. Federal Reserve will not raise interest rates at its June meeting.

Outlook: BUY GOLD ABOVE 30510 TGT 30700-30900 SL 30250



            COMMODITY

S2

S1

R1

R2

TREND

RANGE

Gold

30250

30400

30700

30800

UP

30100-30800

Silver

40700

41200

41900

42300

UP

41100-42200

 Energy: Oil prices fell about 2 percent in extended trading on Tuesday as data showed a surprise build in U.S. crude inventories last week, adding to the market's nervousness around Britain's vote next week on whether to leave the European Union.
Yesterday’s CRUDEOIL level not executed as open gap down.

OUTLOOK: SELL CRUDEOIL below 3230 TGT 3190-3150 SL 327


















COMMODITY
S2

S1

R1

R2

TREND

RANGE

Crude oil

3160

3210

3290

3340

SIDEWAYS

3170-3280



1 comment: