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Monday, June 27, 2011

MCX Precious Metals Prediction Call

Gold:  Sell Below- 22150, stoploss -22280, Target - 22250

Silver:
Sell Below- 51550, stoploss - 51750, Target - 51050


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MCX Silver and Crude Oil Tips | Market Analysis news

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MCX Silver Outlook 
The silver has declined by nearly 1.5 per cent. MCX silver has slipped below Rs 51,000. So far, 32 per cent from record levels of Rs 75,000 is broken silver.
Weakness in the silver remains in the spot market. With a 2 percent decline in international market, silver is trading at 34 dollars.
Gold Outlook 
Stance of the weakness in gold and silver. On MCX, gold touched a low of 22035.

Crude Oil Outlook
The continued decline in crude oil. NYMEX $90 per barrel crude oil prices have come down.
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