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Gold:
23 responded this week, 16 see prices up,
while 3 see prices down, and 4 see prices unchanged. Market participants who see
higher prices next week said that Gold in the higher end of the $1,767 levels.
Silver:
Silver Prices remain volatile, but the tone
toward the metal remains down, especially Trading range will be between
$30.20-$36.88
Crude:
14 of 20 analysts, forecast Crude Oil will rise in
next week. 2 respondents predicted that futures will be little changed and 4
said the contract will fall.
Copper: 13 of 20
analysts, investors and traders surveyed, said the metal will fall next week.
Copper may rise in next week up to 389-437.
MCX Gold APR:
Now support for the Gold is seen at 27922 and below could see a test of
27856-27489 Resistance is now likely to be seen at 28195 a move above could see
prices testing 28350-28612.
S1:27922 S2:27856 S3:27489
R1:28195 R2:28350 R3:28612
MCX Silver MAR: Now support for the silver is seen
at 55400 and below could see a test of 54350-51385 Resistance is now likely to
be seen at 57152 a move above could see prices testing 57954-59890.
S1:55400 S2:54350 S3:51385
R1:57152 R2:57954 R3:59890
MCX Crude Oil FEB: Now support for the Crude is
seen at 5000 and below could see a test of 4801. Resistance is now likely to be
seen at 5140, a move above could see prices testing 5265-5389
S1:5000 S2:4930 S3:4801
R1:5140 R2:5265 R3:5389
MCX Copper FEB: Now support for the Copper is seen
at 401.20 and below could see a test of 494.55-382.70. Resistance is now likely
to be seen at 412.85, a move above could see prices testing 420.40-433.55
S1:401.20 S2:394.55 S3:382.70
R1:412.85 R2:420.40 R3:433.55
MCX Zinc FEB:
Now support for the Zinc is seen at 94.35 and below could
see a test of 92.00-88.75. Resistance is now likely to be seen at 99.90, a move
above could see prices testing 102.85-104.85
S1:94.35 S2:92.00 S3:88.75
R1:99.90 R2:102.85 R3:104.85
FEB
22nd:
Existing Home Sales:
Previous:
4.61M
Forecast: 4.67M
Actual > Forecast =
Good for Dollar
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FEB 22nd:
Crude Oil Inventories:
Previous:
-0.2M
Forecast: 0.5M
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FEB 23rd:
Unemployment Claims:
Previous:
348K
Forecast: 345K
Actual <
Forecast = Good for Dollar
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FEB
24th:
New Home Sales:
Previous:
307K
Forecast: 316K
Actual >
Forecast = Good for Dollar |
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