Bullion Commodities Gold & Silver Tips for Today: Gold prices in the international market has surpassed $ 1320 wherein it is also getting support from the favorable domestic market conditions. The holdings of SPDR gold has once again inched up and reached to 800 ton. During the day trading sessions gold and silver will remain bullish while as the trading sessions will be progressing, both commodities may face range bound trend in the evening sessions.
Gold is likely to follow the support & resistance levels at 27,262 & 27,758 respectively while silver will find support at 44,404 & resistance at 45,336. Day Traders are advised to trade with strict trading levels.
Crude Oil Tips for Today: Crude oil trend today is bearish. U.S. Energy Department's report on crude oil is schedules today. I suggest to sell crude oil below 6185 for the Intraday target of 6145-6110.