Commodity Markets: 2-April-2012 (avail free trial with recovery solutions)

[RaahiShah]

GOLD (APR) - Resistance and support levels for the today’s session for Gold APR contract
which will expire on 5th APR 2012 are:
SUPPORT 1: 27925
SUPPORT 2: 27810
RESIST 1: 28165
RESIST 2: 28295

SILVER (MAY) – On domestic front Silver’s Expected resistance and support levels for
today trade are as follows:
SUPPORT 1: 56665
SUPPORT 2: 56510
RESIST 1: 56895
RESIST 2: 56975

COPPER (APR) – Most of the metals barring Copper are in surplus situation and with
Chinese production improving that will only amplify to the already higher productivity
levels. Expected resistance and support level for today trade are as follows:
SUPPORT 1: 429.35
SUPPORT 2: 427.85
RESIST 1: 433.75
RESIST 2: 435.15

CRUDE OIL (APR) – Crude oil settled with minimal gains on the back of rising inventory
levels and crisis in Europe lingering. Expected resistance and support levels for the
crude March contract with expiry date of 19 APRIL 2012 are:
SUPPORT 1: 5175
SUPPORT 2: 5060
RESIST 1: 5385
RESIST 2: 5495

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