MCX Bulllion News Letter For Today 23 November 2011

GOLD REBOUNDS; EUROPE, US DEBT WORRY WEIGHS.
OIL GAINS FIRST DAY IN FOUR IN NEW YORK AS U.S. EXPANDS SANCTIONS ON IRAN.
COPPER BOUNCES AFTER 3-DAY FALL, PHYSICAL DEMAND SUPPORTS.
DOMESTIC OIL AND OILSEED TRADE BULLISH.
Get Free Registration For Intraday tips on Mobile 

MCX Gold and Crude Oil Tips and Trading Strategy For Today

Today Crude Oil has mixed trend. light fall in crude oil on MCX close at 4250. On NYMEX Crude oil Price at $89 per barrel.
 in Gold seeming selling pressure. Gold prices have come down Rs, 28000 and On COMEX Gold around $1813.
Get Free Tips and MCX Commodity updates on Mobile

MCX Commodity Daily Newsleter For Today | Support and Resistance 9 Sep 2011

GOLD RAISES 2 PCT AFTER ECB LEAVES RATES UNCHANGED.
CRUDE OIL IN NEW YORK TRADES NEAR 5-WEEK HIGH BEFORE U.S. INVENTORY DATA.
COPPER EDGES DOWN, TRACKS FALL IN EQUITIES.
DOMESTIC OIL AND OILSEED TRADE HIGH ON SHORT COVERING.

MCX Daily Commodities Newsletter 17 June 2011

MCX Gold and Silver Technical Report Click Here
GOLD LOSES FOOTING AS U.S. DOLLAR JUMPS.
OIL TRADES NEAR FOUR-MONTH LOW ON CONCERN EUROPE DEBT CRISIS IS WORSENING.
COPPER FALLS MOST IN A WEEK ON AS UNSTABLE ECONOMY SPURS DEMAND CONCERN.
DOMESTIC OIL AND OILSEED TRADE BEARISH.
MCX-NCDEX FREE Intraday tips on Mobile Click Here

MCX Bullion Weekly Report 13 June 18 June 2011

MCX Precious Metals Special Report Click Here

Gold  Market Outlook
COMEX Gold is in an upward phase. Last week
COMEX Gold neither sustain on higher levels nor
at lower levels. In the coming week 1475$ will act
as a major support in COMEX Gold, if COMEX
Gold sustains above 1520 $ an ounce then above
1551 $ 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.

Gold Trading Strategy
For the next week traders can use buy on lower level strategy if COMEX Gold sustains above 1520 $ an ounce, then
above 1551$ 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

Silver Market Outlook
COMEX Silver is technically consolidating on
charts. Last week COMEX Silver neither sustain on
higher levels nor at lower levels. 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.

Silver Trading 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 3790$ an ounce it can further go
upward and can test the level of 3880$ an ounce. Trade by keeping the proper stop losses.

Read More Research For Base metals :- Click More

MCX Commodities Tips and MCX Market Highlights Today (Evening round Up)

Silver Buy Above 56 800, Stoploss - 56000 and the target - 57600-58000

Crude Oil Buy Above 4480, Stoploss - 4370 and target - 4580

Gold: Buy Above 22000, Stoploss - 21900 and targets – 22200

 

Due to dollar weakness in the silver Trading is over Rs 56,000. In today's fast enough to return after taking silver slammed have seen. More Read About Silver 65000 again Click Here

COMEX to be upwards of $ 36  silver because of which gathered momentum in domestic silver. Silver dollar weakness against the euro came to getting support . CME Group on silver from 10 days to go 4 times Bdoc margin last week, silver prices declined 29 percent.

After early weakness in gold has picked up momentum. Rs 22,000 per 10 grams on MCX gold cross. Silver Rs 1200 to Rs 56,000 strong pass up.

Firmly in the international market of crude oil remains above 1.5 percent. Due to strong demand for pepper is trading above 2.75 percent. Cardamom is the same strength of 2 per cent.

MCX Gold and Silver tips FREE Click Here

MCX Bllion Trend

1. Now Mixed trends in Base metals.
2. MCX Precious Metals are expected to rise.
3. MCX LEAD price are expected to low.
4. MCX GOLD likely to move higher Gold trade up.
MCX Bullion Tips