Support and Resistance For Commodities Today 8 July 2011

The Gold is in long- short- term bull phase .Currently Gold is in strong down trend and the trend is supported with good volume The open interest is not increasing with trend.

Aluminium is bearish for medium-long term .Currently Aluminium is in downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing.