2010/02/21

Commodities Update


Gold closed at 1121.60$, a rise of more than 4% since the last buy signal of Feb 10th 2010.Any rise above 1127 will boost further rise in gold.Have a stop loss of 1097 for all long positions.
Crude gave a good rise to 80$ since the buy signal at 74$.Have a stop loss of 77.50$ for all long positions.82$ level is a strong resistence.

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