Social Icons

Tuesday, August 9, 2011

MCX Gold and Silver Technical Report for today 9 Aug 2011

MCX Silver still decline today not Take BUY  Position it will seem more down from this level Analyst say's. MCX Silver has good volume and profit gain from SELLING But it is very Risky to trade short now.

MCX Gold Buy indication it will go up from this level soon. make buy positional Call. Not do Short in Gold.
Live Chat From Analyst Free





MCX Gold, Silver and Crude Oil Trading Tips For Today 9 Aug 2011

Price of crude oil has lower levels of 10 months in 1 week on fears of global economic slowdown, crude oil slipped nearly per cent. NYMEX the crude oil is trading below $ 80 a barrel. MCX crude oil prices have moved down to Rs 3,600.The U.S. Federal Reserve's meeting this evening to eye on the market. The U.S. Energy Department will report on Wednesday.

Gold prices have reached a new height. Took the gold at 1782 dollars per ounce .on MCX   Gold is trading above Rs 26,000.

However, there is weakness in silver. COMEX silver is under $ 39. The silver on MCX is trading below the level of Rs 58,000.

BUY indication in Gold Today iy would trade upper side. MCX Gold has Good amount of open intrest, MCX Gold TIps is that safe-heaven trading in Gold.

MCX Gold and Silver Technical Report and Support and Resistance For Today 9 Aug 2011

MCX Gold Made new high  Gold current future closed at 25265  +614. Comex Gold future are trading bullish on Monday and make all time high of $ 1,718.20 basis of December futures.
Precious metals are seeing strong safe-haven investment demand after the U.S. faced debt downgrade late Friday.European Union attempts to contain its own escalating debt crisis. December gold last traded up $54.70 at $1,706.20 an ounce.
MCX Gold Will Reach 26000 soon BUY signal indicate and IN MCX Silver Buy Advice both are strong for upper side.
MCX Gold and Silver Technical report and Call For Today 

MCX Commodity Daily Newsletter For Today 9 Aug 2011

GOLD TOPS $1,700 FOR FIRST TIME ON U.S. RATING.
CRUDE TUMBLES TO ALMOST EIGHT-MONTH LOW AFTER S&P DOWNGRADES U.S. RATING.
COPPER FALLS, CAPS BIGGEST WEEKLY DROP SINCE JUNE 2010 ON GROWTH CONCERNS.
INDIAN SPICES COMPLEX TRADE LOW.





 
Customers 4.9out of 5.0 based on 33045 user ratings