Saturday, March 17, 2012

Free Commodity Tips: MCX Commodity Updates For Monday

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Commodity Highlights
  • Gold ends flat, down 3 percent for the week.
  • Crude up on iran supply worries, weak dollar.
  • Copper firms on us data; shanghai stocks weigh.
  • Indian spices trade up.


Here are technical levels for Monday's trading-


Commodity
Month
Trend
Support 1
Support 2
Resistance 1
Resistance 2
Gold
April
Consolidate
27600
27350
28152
28450
Silver
May
Consolidate
56200
55230
58300
59450
Crude Oil
March
Consolidate
5214
5250
5434
5502
N. Gas
March
Consolidate
112
107
122
126
Copper
April
Consolidate
432
427
440
444
Nickel
March
Consolidate
972
963
986
991
Aluminum
March
Consolidate
104.85
104.1
106.95
108.2
Lead
March
Consolidate
103.6
101.2
107.65
110.15
Zinc
March
Consolidate
101.4
99.2
105.6
106.9
 
 

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