18 July 2016

BULLIONS & ENERGY LEVELS FOR 18 July 2016

Bullions: Gold edged lower after registering its first weekly decline after stronger CPI data and following a failed attempt to seize power in Turkey which was seen having limited impact on the global markets.















GOLD
30700
30840
31100

3150
BEARISH

SILVER
46750
47020
47600

47950
BEARISH


Energy: - Oil futures ended Friday’s session higher, as better-than-expected economic data from the U.S. and China bolstered the outlook for future energy demand. Crude prices received a further boost in post-settlement trade after news broke of an apparent military coup in Turkey.
           
S2
S1
R1

R2
TREND
CRUDEOIL
3000
3040
3130

3160
SIDEWAYS

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