Monday, September 10, 2012

MCX Tips and Commodity Trend: Copper Updates

Commodity Trend

MCX Gold is looking in a perfect position to buy. Even the oscilators are also approaching to buy MCX Gold. Commodity Trend for Gold suggest the yellow metal may test 32500 level today. Commodity Trend suggest a strong resistance at 32600 level and a support at 31500 level. Talking about white metal MCX Silver is also have a bullish trend today. Silver is trading on its last 5 month high. Commodity trend suggest that silver can get the 65000 level today. MCX Copper which is just manage to shut stop above 450 level in its last trading have a consolidate to positive trend today. It has a crucial support at 447 level.

MCX Tips

MCX Tips For Today is all commodities are looking in buying position, specially MCX Gold. Gold is looking to get 32500 level. It will the best profit booking level for today. MCX Tips For gold is to buy on lower level. MCX Tips for silver will be same due to international updates.

Copper Updates

Copper is trading above the 450 level. In its last trading session it has manages to trade above the 450 level and closed on 452 level. Copper looking consolidate due to a lower trend on LME. Copper updates suggest that Copper has a strong resistance at 458 level and a support at 447 level. Updates suggest a buying trend above 454 level.

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