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Wednesday, July 20, 2011

MCX Gold and Silver Tips and Market Analysis Report 20 July 2011

The sky touching price of precious metals no. of people stop to Buy jewelry. but gold and silver attract traders.Commodity Brokers in Ahmadabad 1 week business has increased 20 per cent. However, commodity markets, many investors are regretting the bet.
MCX Silver has Today still upper trend also has good volume today still indicate Buy signal so by on dips make sure for stop-loss and analysis with support and resistance.
MCX gold  has also perfect upper trend Buy signal seem and lot of money may earn by gold trading because safe- heaven trading.
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MCX Commodities Support and Resistance For Today 20 July 2011

An important shift in global markets is taking place and it bears introspection. Gold has broken to a new high while Silver has established a bottom.
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Goldman Sach Group Inc rattled investors with earnings that fell far short of analysts' estimates because of sharp declines in trading revenue.
Goldman, once Wall Street's largest bond trading house, reported its sixth consecutive quarterly decline in that business, making bond trading smaller than its traditionally low-margin equities trading business.

MCX Commodity Newsletter For Today 20 July 2011

GOLD EASES BACK BELOW $1,600/OZ FROM RECORD HIGHS.
OIL GAINS IN NEW YORK AS U.S. SUPPLIES, CHINA DEMAND COUNTER EUROPE DEBT.
COPPER GAINS ON DOLLAR, CHINA DEMAND HOPES.
DOMESTIC OIL AND OILSEED TRADE BULLISH.
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