Thursday, August 16, 2012

Commodity Tips|MCX Tips For Gold and Copper

MCX Gold Tips

MCX Gold is trading on 30067 level up by 62 points. MCX Gold Oct future contract is looking up for intraday. Market reports and updates suggest that Gold has strong support near 29830 , 29655 and 29455 in this week. Intraday resistance can be seen near 30205-30300 levels. MCX Gold Tips is to buy on lower levels to get a target og 30200 level.

MCX Copper Tips

MCX Copper is trading under selling pressure. Technical updates suggest a negative trend in MCX Copper. London Metal Exchange Copper's move also very dull. The fall in inflation in China, where the bank is expected to cut interest rates. Now MCX Copper has support of 409 level and a resistance at 418 on other side. We suggest a sell in Copper as today's MCX Copper Tips.

Commodity Tips

Commodity tips in MCX Silver is to Buy Silver around 53500 levels with a stop loss placed below 53300 levels for targets of 53800 levels. in Crude oil commodity tips are to Buy MCX Crude oil around 5250 levels with a stop loss placed below 5090 levels for targets of 5330 levels. Get more Commodity Tips for Free after filling Free Trial Form.

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