Friday, November 11, 2011

MCX Crude Updates, MCX Gold Trend

MCX GOLD TREND- The downside in gold is more protected because that is well supported at the moment. The broader market clings to any sort of good news and to anything that is mildly positive. So according to our commodity report: It says MCX gold has some positive points to get its higher position. So you can trade in Gold as much posible you can. 

MCX CRUDE UPDATES- Our report said that: Serious action is needed now, in crude oil prices are still quite strong, given the environment. The focus is still the debt crisis in the euro zone: the headwinds from there abate somewhat with the new government in Greece and the pending Berlusconi resignation. It is a good hint for Crude trading to get profit from it.

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