Tuesday, September 11, 2012

Crude Updates: MCX Tips For Gold Silver

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Crude Updates

Crude oil has seen his lead. Crude oil prices in the domestic market increased by around 0.5 per cent, while in the international market has been extremely sluggish business. The eye of the market this week's Federal Reserve meeting. Also yesterday, the U.S. Energy Department's inventory report is forthcoming. MCX Crude updates suggest a bullish trend. Crude has a crucial support at 5290 and a strong resistance at 5380 level. Updates suggest that it will be better to buy crude on lower level.

MCX Gold Tips

The movement in Gold was stopped before the meeting of the Federal Reserve's. Gold and silver prices in the spot market has declined. MCX gold is trading at Rs 31900 on perfectly flat mode. MCX Gold is looking flat today. Technical tips suggest that Gold may move to down side if it cross the support level of 31600 level else if it exist above 32100 level today then it can go upto 32500 mark also. MCX Gold Tips for today is to Buy on lower levels.

MCX Silver Tips

Silver is also done a sluggish business today. The MCX Silver is exceeded Rs 63910 with 0.11 per cent down. MCX is seeing a slight decline in base metals.
Technically MCX Silver Tips For today is to sell it on higher levels.

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