Bullion Gold Silver Tips and Market Views At closing Bell

On MCX Bullion Metals recovering at last hours of closing. MCX Silver Recovering fast At now Silver trading above 52000 levels. and MCX gold also recovering trading above 26000.
The trading expect for bullish for closing time.
Don't make Buy position for Long Term it may again decline.

Mansoon Commodities Call Intraday | Bullion Tips For Today

MANSOON MCX-NCDEX Commodity Call on Mobile 
Bullion Intraday Call Coming Soon

Silver is still trading at a decline in silver prices are up to Rs 54,000. Spot silver prices have gone up nearly 200 bucks. The gold futures are trading at a small edge since the early fall.

Snapping a five-day gaining streak, gold prices declined by Rs 35 to Rs 22,810 per 10 grams in the national capital today on slackness in demand at prevailing high levels amid weak global trend.

FREE MCX Gold and Silver Tips with Technical and Fundamental Report 

MCX Precious Metals and Basemetals Market Analysis And Tips

Gold (August Futures): Buy - 22 700, Stoploss - 22600 and the target - 22 875
 At the Multi Commodity Exchange (MCX), COMDEX is trading up by 2.64 points, or 0.08%, at 3,468.65 after opening at 3,465.06.

Silver continued its upward streak in India for the third straight session Tuesday and rose by Rs 100 to Rs 55,200 per kg on sustained buying by stockists, supported by a firm global trend. However, gold held steady at Rs 22,810 per 10 grams in restricted local buying at prevailing high levels. Trading sentiments remained firm as gold gained on concerns about Europe''s debt crisis and signs that the US economy is slowing, boosting demand for the yellow metal as an alternative investment. MCX Silver Will Reach 60'000 Analyst Said About Technical Analysis....

 Gold in global markets, which normally sets a price trend on the domestic front, gained 75 cents to USD 1,545.40 an ounce in London. Silver also rose by 0.3 per cent to USD 36.90 an ounce. On the domestic front, silver ready rose by Rs 100 to Rs 55,200 per kg. It had gained Rs 1,100 in the previous two sessions.

MCX Commodities Tips FREE on Mobile 

Gold and Silver Weekly Technical Report 6 June to 11 June 2011

MARKET OVERVIEW
COMEX Gold is in an upward phase. Last week
COMEX Gold sustain above 1520$ and made a
close near to its week high. In the coming week
1475$ will act as a major support in COMEX Gold, if
COMEX Gold sustains above 1520 $ an ounce
then above 1550 $ an ounce it can touch the level of
1565$ an ounce and if COMEX Gold sustains
below 1500$ then it can slightly correct and test the
level of 1485$ an ounce 

STRATEGY
For the next week traders can use buy on lower level strategy if COMEX Gold sustains above 1520 $ an ounce, then above 1550$ it can test the level of 1565 $ an ounce and above 1575$ it can further move upward. Trade by keeping the strict stop losses.
         Major support for COMEX Gold in the coming week is 1500$ and 1460$.
         Major resistance for COMEX Gold in the coming week is 1580$ and 1625$
         Major support in MCX Gold is 22400 and 22200
         Major resistance in MCX Gold is 22850 and 23050
MARKET OVERVIEW
COMEX Silver is technically consolidating on
charts. Last week COMEX Silver was sustaining at
lower levels for most part of the week. For the
upcoming week 3480$ and 3250$ are the crucial
supports and 4000$ and 4250 $ are crucial
resistance in COMEX Silver. In MCX Silver 61000
and 64000 will act as major resistance and 52000
and 50000 will act as major supports. 

STRATEGY 

Technically COMEX Silver is bullish on charts and still in an upward channel, For the next week traders can use buy on
lower level strategy if Silver sustains above the level of 3600$ an ounce, then above 3900$ an ounce it can further go
upward and can test the level of 4000$ an ounce. Trade by keeping the proper stop losses.

MCX Gold and Silver FREE Tips/Call on Mobile 

MCX Bullion Weekly Fundamental Report 16 to 21 May 2011 | Tips

GOLD DROPS 1 PCT ON DOLLAR SURGE, SILVER UP
Gold fell on Friday, sharply reversing early gains, as a dollar surge against the euro and renewed uncertainty about euro zone debt prompted investors to
sell ahead of the weekend. Silver continued to recover from last week's 25 percent correction, and technical charts suggested the metal could stabilize
after bouncing off a key support level. Spot Gold fell 0.7 percent to $1,492.50 an ounce by, having earlier risen as high as $1,516.40. U.S. Gold futures for
June delivery settled down $13.20 at $1,493.60, after trading in a range from $1,482 to $1,516.40. For the week, Gold was flat after shedding nearly 5
percent last week during a commodity rout.

MCX Gold and Silver Support and Resistance For today 10 may 2011

Gold rises, silver climbs as dollar retreats
Copper ended higher on Monday
Dollar gains ground against euro
Nickel stocks fell to their lowest since mid-August
Copper and lead inventories in LME warehouses rose
Oil rallied more than 4 percent on Monday
Click Here To Read More about Silver 
Gold climbed back above $1,500 an ounce on Monday and silver rallied more than 6 percent as a retreating dollar and rising concerns of euro zone debt helped the metals recover some ground after last week's hefty losses. Copper ended higher on Monday on a relief rally following steep losses last week, but a downgrade of Greece's credit rating added to global slowdown fears and capped the metal's advance. Oil rallied more than 4 percent on Monday, rebounding as last week's record double-digit losses attracted bargain hunters.

MCX Gold and Silver FREE Tips Click Here

Comex Gold Trading Lower on Thursday Becoase of US Dollar Index Rebounds

Comex gold futures prices are trading lower Thursday morning, as a firmer U.S. dollar index and increased investor risk appetite worldwide work to pressure the yellow metal. Comex April gold last traded down $13.00 at $1,352.20 an ounce. Spot gold last traded down $11.30 at $1,353.00.

New multi-year highs in the U.S. stock indexes this week, combined with multi-month lows in the U.S. Treasury market prices, are suggestive of investor risk appetite that's on the upswing, and that's taking investment demand away from safe-haven gold.

Gold prices extended losses Thursday morning following a bigger-than-expected decline in U.S. weekly jobless claims data that did push the dollar index even higher on the day.

The U.S. dollar index is trading solidly higher Thursday morning, in the wake of the jobless report and on a short-covering bounce in a market that is still overall technically bearish. Still, the overall technically bearish posture of the U.S. dollar index favors the gold market bulls.

Crude oil prices are under mild selling pressure Thursday morning, which is also an underlying negative for gold.

The specter of raw commodity and consumer price inflation increasing in the coming months will limit selling interest in gold, which is an asset held as a hedge against inflationary price pressure.

News earlier this week that China raised key interest rates in a move to curb domestic demand and reduce inflationary pressures has gold traders more focused on the inflationary fires that could become hotter in the coming months. Gold market bulls have also not lost sight of what they call "the U.S. government printing press" that has created so many dollars the past several months, which is also a prescription for increasing inflationary pressure.

China traders and investors are starting to come back from the Lunar new year holiday, and market watchers are waiting to see if strong physical demand for precious metals from the world's most populous nation continues. Some analysts believe Asian demand for physical gold may decrease a bit in the coming weeks.

U.S. economic data due for release Thursday includes the weekly jobless claims report, wholesale trade inventories and Treasury receipts and outlays.

The London A.M. gold fixing was $1,358.75 versus the previous P.M. fixing of $1,365.00.

Technically, the gold market bulls have regained some upside near-term technical momentum this week. Prices are still in a three-week-old uptrend on the daily bar chart.

Gold bulls' next near-term upside technical breakout objective is to produce a close above solid technical resistance at the $1,380.00 area. Bears' next near-term downside price breakout objective is closing prices below solid technical support at this week's low of $1,344.10. First resistance is seen at the overnight high of $1,365.00 and then at this week's high of $1,368.70. Support is seen at $1,350.00 and then at $1,344.10.

March silver futures last traded down 50.0 cents at $29.77 an ounce Thurssday morning. Profit-taking pressure is featured after prices hit a fresh six-week high on Wednesday. Silver bulls still have the solid overall near-term and longer-term technical advantage. Prices are still in a three-week-old uptrend on the daily chart.

The next downside price breakout objective for the silver bears is closing prices below solid technical support at $29.00. Bulls' next upside price objective is producing a close above solid technical resistance at the January contract and 30-year high of $31.275 an ounce. First support is seen at $29.50 and then at $29.26. Next resistance is seen at $30.00 and then at the overnight high of $30.225.