Crude Oil : it was in range of 3350 when I percept that it was having potential to near 3800 and it has made it on 3rd jan 2017 crude was at price of 3780. The call was expired on 3rd of March when it did make a deep intraday cut at 3416 n till now it's coming down and sale call has been initiated on 10th of March and then after it has made a lie of 3107 on 14th of March and momentum will be so on. I think that we may see level of further down side 2920 n 2750.
Dear All Investors Here I wanted to say some thing about the International Commodities Market- I am felling That at world level there will be gone big changes in world Economy and there will be some of these major factors will lead these changes Sub Prime (U.S. Financial crisis) Crude Oil Prices Gold Prices Decreasing Dollar Price (Against Euro and Yen) Presently Crude Oil is trading near 85 to 95 brl and I think it will touch 100$ very soon if it crosses 100 dollar we may see 105 and 112$ levels very soon. thus gold really will rock n roll curent price of gold is near 870$ to 890$ Per Oce. And if it happens the price of gold will rock n roll My first trg for it is 950$/oce then every thing is up on crude oil inventory and fed action about ROI. There is one more factor will lead the reasons ECB is about to announce a quoter trillion dollar loss under sub prime crisis. if inventory comes in negative gold may cross 968$ and if it happen next target will be 995$; 1005-07...
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