Strengthening of rupee against dollar has a strong effect on commodity prices. In domestic markets, crude oil, gold, silver are trading with weakness. MCX crude oil at Rs 5138 with a decline of more than 2.5 per cent. While the NYMAX crude is seems to regain its upside trend. We can expect a bounce back in Crude prices after 5100 level but below 5080 level, more downside is expected.
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MCX Gold Silver Targets
MCX Gold and Silver Tips, Commodity market Updates, Live Gold Silver Trend In MCX, Live Price and Bullion Updates with Technical and Fundamental analysis. You can Get Live News From Here. This blog helps you in MCX commodities Trading Like- Bullions Metals - Gold, Silver, Copper, Nickel, lead, Energy- Crude oil and Natural Gas Etc.
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MCX Gold Tips
| TREND | Bullish |
| RESISTANCE 2 |
29750 |
| RESISTANCE 1 |
29800 |
| SUPPORT 1 |
29550 |
| SUPPORT 2 |
29630 |
| STRATEGY | Buy above 29750 |
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