MCX Commodities Newsletter For Today 29 June 2011

Learn and Filled Your Free Trial Form For MONSOON Commodities 

GOLD EDGES ABOVE $1,500/OZ AS EURO, OIL RECOVER.

OIL GAINS GROUND ON HOPES FOR GREECE RESOLUTION.

COPPER GAINS, EYES ON GREECE.

DOMESTIC SPICES COMPLEX RETREAT ON HIGH ARRIVALS.

Oil prices rose on Tuesday on optimism that Greece can pass an unpopular austerity program, and also on lift from a weak dollar. The weak dollar added lift to dollar- denominated oil and the rising euro rallied further after the Portuguese government said it planned to be scrupulous in meeting terms of a financial bailout. Copper rose on Tuesday as an agreement by French banks to rollover Greek debt supported appetite for riskier assets but caution remained ahead of Greece's vote on austerity measures later in the week. Gold rose back above $1,500 an ounce in Europe on Tuesday.

MCX-NCDEX FREE Call For Today

MCX Gold and Silver Prediction For Today

MCX Gold and Silver Technical Report and Watch Video Click Here 
MCX Bullion Trading Intraday Tips

MCX Silver (July) Sell - 50900, stoploss - 51500 and Target - 50100
MCX Gold (August) Sell - 22110, stoploss - 22200 and Target - 22000 

Crude Oil Market Outlook Of Traders
Crude oil prices have seen a significant decline in last 10-15 days but the outlook is still bearish. Because of the Greece bailout you may see some upside but we look to sell oil on rise. So, Rs 4,120-4,130 per barrel one should look to sell with a stop loss of Rs 4,160 per barrel and expect prices to drift again lower and test Rs 4,050 per barrel.
New York's main contract, West Texas Intermediate (WTI) for delivery in August, was down five cents to USD 90.56 a barrel in the afternoon, and Brent North Sea crude also for August dipped 31 cents to USD 105.68.
MONSOON Commodities FREE Tips on Mobile

MCX Commodity Daily Newsletter Today 28 June 2011

Gold and Silver Technical Analysis Report 
GOLD NEAR $1,500/OZ AS EURO ZONE CRISIS SIMMERS.
CRUDE OIL DECLINES IN NEW YORK ON OUTLOOK FOR SLOWING DEMAND.
COPPER FALLS ON GREEK DEBT WOES, CHINA INFLATION CONCERN.
DOMESTIC OIL AND OILSEED TRADE LOW ON WEAK DEMAND.
Bullion:
Gold August 11 contract was down by 0.27% to Rs 22,139 per 10 grams, GoldM August 11 contract was down by 0.28% to Rs 22,147 per 10 grams, Gold guinea August 11 contract was down by 0.40% to Rs 17,935 per 8 grams and Gold Petal June 11 contract was down by 0.45% to Rs 2,209 per gram. Silver July 11 contract was down by 1.41% to Rs 51109.00 per kg, SilverM August 11 contract was down by 1.46% to Rs 52,070 per kg and SilverMIC August 11 contract was down by 1.46% to Rs 52,108 per kg.
Base Metals:Zinc August 11 contract was up by 0.44% to Rs 102.90 per kg, zinc mini August 11 contract was up 0.34% to Rs 102.85 per kg, nickel August 11 contract was up by 0.03% to Rs 1,013.40 per kg while lead June 11 contract was down by 0.52% to Rs 114.65 per kg, lead mini June 11 contract was down by 0.56% to Rs 114.65 per kg, aluminium June 11 contract was down by 0.27% to Rs 111.40 per kg, alumini June 11 contract was down by 0.22% to Rs 111.40 per kg and copper June 11 contract was down by 0.75% to Rs 404.10 per kg.
MONSOON MCX-NCDEX Tips FREE on Your Mobile 

MCX Precious Metals Prediction Call

Gold:  Sell Below- 22150, stoploss -22280, Target - 22250

Silver: Sell Below- 51550, stoploss - 51750, Target - 51050


MONSOON Commodity Daily FREE Call on Your Mobile 

MCX Silver and Crude Oil Tips | Market Analysis news

FREE Learning How To Analysis Chart and Make Strategy Click Here 
MCX Silver Outlook 
The silver has declined by nearly 1.5 per cent. MCX silver has slipped below Rs 51,000. So far, 32 per cent from record levels of Rs 75,000 is broken silver.
Weakness in the silver remains in the spot market. With a 2 percent decline in international market, silver is trading at 34 dollars.
Gold Outlook 
Stance of the weakness in gold and silver. On MCX, gold touched a low of 22035.

Crude Oil Outlook
The continued decline in crude oil. NYMEX $90 per barrel crude oil prices have come down.
MCX-NCDEX Free Intraday Tips on Mobile

MCX Commodity Technical and Fundamental Weekly report 27 June To 1 July 2011

MCX Bullion Technical Chart Analysis Report and Learn How To Analysis 

MARKET OVERVIEW Gold

COMEX Gold is in an upward phase. Last week COMEX Gold was sustaining at lower levels and closed near to its 2 week low. In the coming week 1460 $ will act as a major support in COMEX Gold. If COMEX Gold sustains below1520 $ an ounce then below 1500 $ an ounce it can touch the level of 1485$ an ounce and if COMEX Gold sustains above 1525$ then it can go slightly up and test the level of 1535$ an ounce.

 Gold STRATEGY 

For the next week traders can use sell on higher level strategy if COMEX Gold sustains below 1520 $ an ounce, then below 1500$ it can test the level of 1485$ an ounce and above 1525$ it can further move upward. Trade by keeping he strict stop losses. Read It Carefully For Your Benifits

         Major support for COMEX Gold in the coming week is 1460$ and 1425$.

         Major resistance for COMEX Gold in the coming week is 1560$ and 1590$

         Major support in MCX Gold is 21900 and 21600

         Major resistance in MCX Gold is 22500 and 22800

MARKET OVERVIEW Silver

COMEX Silver is technically weak on charts. Last week COMEX Silver was sustaining at lower levels and closed near to its week low. For the upcoming week 3230$ and 3020$ are the crucial supports and 3800$ and 4000$ are crucial resistance in COMEX Silver. In MCX Silver 56300 and 59000 will

act as major resistance and 49000 and 45500 will act as major supports.
STRATEGY Silver

Technically COMEX Silver is weak on charts. For the next week traders can use sell on higher level strategy if Silver sustains below the level of 3430$ an ounce, then below 3380$ an ounce it can go down and can test the level of 3300$

an ounce. Trade by keeping the proper stop losses.

MCX-NCDEX FREE Tips Daily on Your Mobile Click Here

For Base Metals,Crude Oil and Natural Gas Read More 

Precious Metals market Analysis Report and Prediction

 Gold, Silver and MANSOON Commodities Technical Analysis Report
Click Here
Both the precious metals on Friday registered notable losses on brisk selling by stockists, driven by weak global trend. While silver plunged by Rs 1,400 to Rs 53,300 per kg, gold shed Rs 230 to Rs 22,590.
No Tension In Bullion Trading
Besides, retail customers and jewellers refrained from buying and preferred to purchase on further falls, which further dampened the trading sentiment.
Crude Oil Outlook
Crude oil prices fall on NYMEX is looking after. However, still 6 per cent on MCX crude oil is trading with.  
MCX-NCDEX FREE Tipson Mobile 

MCX Commodities Daily Newsletter for Today 24 June 2011

How Can Trade in Bearish Market and Know about Chart Analysis Click Here

1. GOLD DECLINES AS FED SHYS AWAY FROM FURTHER STIMULUS, DOLLAR STRENGTHENS.
2. CRUDE DECLINES ON DEMAND CONCERNS AFTER FED LOWERS U.S. ECONOMIC FORECAST.
3. COPPER RETREATS AS LACK OF STIMULUS HINT BUOYS DLR.
4. DOMESTIC OIL SEED AND EDIBLE OIL TRADE LOWER.

Gold was set for its biggest daily fall in over a month on Thursday after a surprisingly large rise in weekly U.S. jobless claims hit investor risk appetite, pummelling commodities and stocks and boosting the dollar. Copper fell on Thursday on a stronger dollar and concerns about demand in the United States after the Federal Reserve cut its forecasts for economic growth in the world's largest economy.

MCX-NCDEX FREE Intraday Tips Click Here