Bullions & enargy levels

METAL PRODUCTS
JUN GOLD Resist: 93820, 94240, 95030* ST Trend: Sdwys (92560) Supprt: 91750*+/-, 900-, 885- Obj: None TRP: 917.50 Comment:Recent rallies have been rejected from 96210* resistance, fostering last week’s near term corrective turnover. Trade remains lined up for pressured declines to test 91750*. A close under 91750* marks a bear turn for pressing selloffs back against the 885 swing low. Corrective rebounds will likely struggle to creep back over 95030* which in turn will bear flag action for selloffs. Closes over 95030 and 96210* are needed to spark rallies to 990+.
MAY SILVER Resist: 1353, 13741, 1387-1391 ST Trend: Sdwys/Up (13315) Supprt: 13076*-1297, 12651* Obj: None TRP: 1265.1 Comment:The market still shows a bullish alignment, calling for advances to push against the February swing high over 1400+. Last week’s dips started near term flagging corrections that may again probe around 13076* support. A close under 13076* damages bull forces and warns for harder corrections along 12651*. Basing days off 13076* should generate renewed rallies. A close over 1391 is needed to add rallies back to the late February swing high.
MAY COPPER Resist: 18725-90, 19000-60, 195+ ST Trend: Sdwys/Up (18230) Supprt: 18025-17980, 17790* Obj: None TRP: 177.90 Comment:The market remains in a bull upswing. Trade that holds 17975 could restart rallies. A pop over Friday’s reversal high is needed to resume the bull drive and send a run to 195+. However, Friday’s reversal setback cautions for an initial peaking turn and we should be alert for further setbacks. A close under 17790* signals a topping turnover that could send retracements back under 170-.
OIL PRODUCTS
MAY CRUDE OIL Resist: 5360, 5404, 5500-5575 ST Trend: Up (5218) Supprt: 5155, 5100, 4789* Obj: 5720 TRP: 47.89 Comment:The market remains bullish, signaling for a larger upswing with a likely objective to 5720. Stable action off the previous Friday’s inside day at 5100+ should promote advances. Be careful for a setback from the 5700+/- area. A roll off under the previous Friday’s 5100 low is near term negative and could pressure setbacks along 5000-. However, only a close under 4789* highlights a critical bear turnover back to sideways lower trade.