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Tuesday, July 12, 2011

MCX Daily Commodity Newsletter Today 12 July 2011

MCX Bullion outlook
MCx Gold and Silver Trend is Bullish. The silver tips that BUy on dip and Maintain support and resistance properly with technical and fundamental news.
the gold which is trade higher. so overall bullion trend is bulish.
I expect Silver support for gold 21300 21000 Resistance 23000 2700.
Silver Support    52700  51700 and Resistance 56300 55300
MCX Basemetals Market Highlights
Base metals traded down losing steeply during the second half of trading on Multi Commodity Exchange Monday tracking the global downtrend in base metals market. LME base metals wer.
Crude Oil Tips and Trend
Crude Oil future down in sync with global market during the second half of trading on Multi Commodity Exchange (MCX) Monday losing more than 1.5 per cent.
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