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Saturday, August 20, 2011

MCX Bullion weekly Technical Report 22 Aug To 27 Aug 2011

MCX Gold, Silver , Copper and Crude Oil Daily Free Tips and Live News on your mobile 
Gold Technical Report
For the next week traders can use buy on lower level strategy if COMEX Gold sustains above 1800 $ an ounce, then above 1880$ it can test the level of 1905$ an ounce and above 1912$ it can further move upward. And in MCX Gold
above 27100 it can test the level of 28500.Trade by keeping the strict stop losses.
Major support for COMEX Gold in the coming week is 1800$ and 1740$.
Major resistance for COMEX Gold in the coming week is 1900$ and 1930$
Major support in MCX Gold is 26400 and 25200
Major resistance in MCX Gold is 28100 and 29050
MCX Silver Report
Technically COMEX Silver is bullish on charts. For the next week traders can use sell on higher level strategy if Silver sustains below the level of 4350$ an ounce, then below 4150$ COMEX Silver can test the level of 4060/4002/ 3950$
an ounce and above 4350$ it can move slightly upwards and test the level of 4420/4460$ an ounce. And in MCX Silver sustains below 67800 below it can test the level of 64800/62800/61000 and above 67800 it can test the level of
69000/70500. Trade by keeping the proper stop losses.
Copper Report
For the upcoming week 421 and 436 will act as major resistance and 380 and 360 will act as major supports in COMEX Copper. For MCX Copper major resistance would be 417 and 433 and supports would be found at 385and 375.
Crude Oil Trading Tips and Report For The Week
For the next week traders can use sell on higher level strategy, if NYMEX Crude sustains below the level of 80 $ a barrel then can slightly come down and touch the level of 71 $ a barrel and in MCX if Crude sustains below 3900 then
below 3650 it can test the level of 3550/3500/3400 in this week. Trade by keeping the proper stop loss.

MCX Commodity Daily Newsletter For Today 22 Aug 2011

MCX-NCDEX Free Technical Report and 1-2 Daily Call 

MCX Gold ,Silver and Crude Oil Technical Report for today 20 Aug 2011

Fear of the global downturn in the economy is a sharp decline in crude oil prices. International crude oil prices have reached close to 82 dollars a barrel.
Poor state of stock markets has increased the safe-heaven trading of gold. On MCX gold has passed the level of Rs 28,000. COMEX at the gold level of $ 1,881.

MCX Commodity Newsletter For Today 20 Aug 2011

Gold and Silver Technical Report and Free Call Daily 
India's benchmark gold futures extended gains by more than 2 percent on Friday tailing a rally in the world market, hitting a new peak of 27,887 rupees per 10 grams, and discouraging physical buyers ahead of a slew of festivals and weddings, dealers said.

The October contract on the Multi Commodity Exchange rose 2.43 percent to 27,833 rupees at 4 p.m. It has risen over 18 percent so far in August.

MCX Silver, Gold, Copper and Crude Oil Live News and Call For Today 20 Aug 2011

MCX Silver Tips
MCX Silver Tips For Today Buy MCX Aug Future Above 64200 Stoploss 63700 Target 65000 Currently Silver is upper trend has good no. of Volume and Fundamentally Strong. MCX Silver will go to upper side till 66000.
MCX gold Tips
MCX gold has good volume and solid upper trend BUY Gold Above 27500 Stoploss 27200 Target 28000.
MCX Crude Oil Trading Tips
Today Crude Oil Buy Signal indicate Buy above 3800 it showing upper trend and good volume.
Copper Tips today
MCX Copper has upper trend showing safe trading and Buy signal shows.
MCX-NCDEX Trading Free Call
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