Tuesday, April 3, 2012

Gold Copper Updates: MCX Commodity Tips For Today: 4th April '12

Copper Updates, Crude Updates, Gold updates, mcx siver tips, ncdex, ncdex live, mcx tips today, mcx silver tips, free commodity tips, mcx commodity trend, mcx base metal tips


MCX Gold Updates
Gold futures recovered from early losses, after positive economic reports from US, moving higher along with oil and stocks. Silver too followed cues from its pears i.e. Gold & Copper. MCX Gold june is trading in a consolidate trend. Now it has resistance level of 28560 and a support level of 27455. According to our research report mcx gold will trade between these levels. An intraday trader should buy MCX Gold june at lower levels.
We Suggest to buy MCX Gold above 28000, Target: 28300-28600, Stoploss: 27500.

Copper Updates
Copper prices traded in positive along with other metals, after reports showed a stronger manufacturing in the US and China, which bolstered the outlook for metals demand. MCX Copper april is trading in a consolidate trend. Now it has resistance level of 443.1 and a support level of 435.0. According to our research report mcx copper will trade between these levels. An intraday trader should buy MCX copper at lower levels.
We suggest to buy Copper Apr above 436, Target: 445-441, Stoploss: 434.7
 

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