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Commodity Trend Today
We believe that Commodity boom is not over. Supply will continue to grow rapidly in the commodity market. Improve the economic situation in the world will not just be a slowdown in the world in 2013-14. And watch the clouds of recession and lack of will on the commodity.
Technical report says that the Chinese economy is taking a significant step to improve the agri commodities, gold - silver will continue to accelerate. Russia are also showing signs of improvement.
MCX Gold Tips
MCX Gold is now a safe side commodity. It is trading on only positive bias. For today Gold is looking more positive after 31600 level. In its last trading session it was closed at 31474 level with a marginal profit of 6 points. Now MCX Gold has a new resistance of 32000 for today. MCX Gold Tips is to buy Gold on lower levels.
MCX Silver Tips
MCX Silver is looking more positive then Gold. In last trading it has closed its trading on 62345 up by 463 points. It is looking to get 63000 level today, which is a new resistance level for Silver. MCX Silver Technical tips suggest that after getting 63000 level MCX Silver may join a hige relly and can approach towards the 65000 level in short term session. MCX Silver Tips is to buy silver on lower levels.
