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Monday, July 11, 2011

MCX Gold Tips Today

MCX Technical view and Learn how to trade 
MCX Gold has perfect upper trend. The Gold is now trading in overbought level. In last 1 month volatality is very less. I expect Buy Signal. Overall the trend is upper for gold. MCX Gold Support and Resistance maintain perfectly if you enter please follow sloploss.Gold if it close above 22820 or buy with strict stop at 21530.

MCX Precious Metals Prediction and Crude Oil Marklet News

MCX Precious Metals Prediction
I expect silver 57000-57600 in very soon.
The trend of Silver is Bullish Strategy that is BUY on dips at around 54150 level i would avoid for shorting in silver.MCX Silver to be seem on the level of 60000 in few weeks. 
MCX Crude Oil Market Outlook
Crude Oil trend In downside.I expect a USD 10 movement USD 90 per barrel on the downside to USD 100 per barrel on the upper side that’s basically a consolation from which we are expecting crude to continue in for a very short-term.

MCX Silver Tips 11 July 2011

Support and Resistance For Silver
Silver Support
Silver Resistance 56770-57100
Market Highlights
Currently Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Silver.

Technical Analysis Read More:
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