Thursday, August 9, 2012

MCX Tips For Gold, Silver and Copper

MCX Gold Tips

MCX Gold is looking consolidate to positive at the moment. Gold prices are now trading in a recovery mode. In its last trading MCX Gold closed on 29972 up by 76 points. For today MCX gold is looking positive having a strong resistance near 30200 level and a crucial support at 29670 level. MCX Tips for Gold is to buy on lower levels.

MCX Silver Tips

MCX Silver is also looking to overcome from its previous losses. In its last trading it shut stop at 53515 with a gain of 106 points. For Today MCX silver is looking positive. If prices stay above 53900-53950 region expect a direct rise towards 54300 followed by 54900 levels. Unexpected sell off below 53350 could take prices lower but such moves are least expected the day. MCX Tips for silver is to buy on lower levels.

MCX Copper Tips

MCX Copper is looking in a huge consolidate formation. In last trading session it shut stop at 417 level with a marginal gain of 0.65 point. MCX Tips For Copper is to buy on lower levels.

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