MCX Commodity Technical Report and Market Outlook | Past week Global
Market Analysis | Trading Strategy and Technique For Next Week. Bullion Tips
Market Analysis | Trading Strategy and Technique For Next Week. Bullion Tips
Showing posts with label support and resistance of today. Show all posts
Showing posts with label support and resistance of today. Show all posts
Saturday, October 22, 2011
Wednesday, October 19, 2011
Gold Silver Tips For Today with News analysis and Technical Levels
MCX Silver Tips For Today :-
Silver showing first resistance near of 57400 and another resistance I expect near about 55200.
Silver has first support very close to 51800 if down from this level it will seem 49500 levels.
Gold Tips
Gold first resistance should be near of 26950 and if go up from this level it is seeming at level of 25820.
and Support 1 around 26000 and next should be near about 25820.
Silver showing first resistance near of 57400 and another resistance I expect near about 55200.
Silver has first support very close to 51800 if down from this level it will seem 49500 levels.
Gold Tips
Gold first resistance should be near of 26950 and if go up from this level it is seeming at level of 25820.
and Support 1 around 26000 and next should be near about 25820.
Get Gold Silver Intraday Call For Today
Saturday, October 15, 2011
MCX Bullion Technical Report For 17th To 22th Oct 2011
GOLD MARKET OVERVIEW
COMEX Gold is in a technically consolidating on charts for short term. Last week COMEX Gold was trading in a range from 1650$ to 1695$. In the coming week 1600$ will act as a major support in COMEX Gold and 1840$ will act as a major resistance.
GOLD STRATEGY
For the next week traders can use buy on lower level strategy if COMEX Gold sustains above 1655 $ an ounce, then above 1695 $ it can test the level of 1710$/1735 $ an ounce. And in MCX Gold above 26930 it can test the level of 27100/27250/27450. Trade by keeping the strict stop losses.
Major support for COMEX Gold in the coming week is 1530$ and 1470$.
Major resistance for COMEX Gold in the coming week is 1840$ and 1880$
Major support in MCX Gold is 24900 and 24500
Major resistance in MCX Gold is 28300 and 28800
SILVER MARKET OVERVIEW
COMEX Silver is in a slightly downward in trend. Last week COMEX Silver was trading in a range for the whole week. For the upcoming week 2600 $ and 2400$ are the crucial supports and 3800$ and4100$ are crucial resistance in COMEX Silver. In MCX Silver, 62000 and 65000 will act as major resistance and 45000 and 42000 will act as major supports.
SILVER STRATEGY
Technically COMEX Silver is weak on charts. For the next week traders can use buy on lower level strategy if Silver sustains above the level of 3150$ an ounce, then above 3180$ COMEX Silver can test the level of 3240/3290$ an ounce. And in MCX Silver sustains above 53700 then it can test the level of 54500/55500/56800, Trade by keeping the proper stop losses.
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COMEX Gold is in a technically consolidating on charts for short term. Last week COMEX Gold was trading in a range from 1650$ to 1695$. In the coming week 1600$ will act as a major support in COMEX Gold and 1840$ will act as a major resistance.
GOLD STRATEGY
For the next week traders can use buy on lower level strategy if COMEX Gold sustains above 1655 $ an ounce, then above 1695 $ it can test the level of 1710$/1735 $ an ounce. And in MCX Gold above 26930 it can test the level of 27100/27250/27450. Trade by keeping the strict stop losses.
Major support for COMEX Gold in the coming week is 1530$ and 1470$.
Major resistance for COMEX Gold in the coming week is 1840$ and 1880$
Major support in MCX Gold is 24900 and 24500
Major resistance in MCX Gold is 28300 and 28800
SILVER MARKET OVERVIEW
COMEX Silver is in a slightly downward in trend. Last week COMEX Silver was trading in a range for the whole week. For the upcoming week 2600 $ and 2400$ are the crucial supports and 3800$ and4100$ are crucial resistance in COMEX Silver. In MCX Silver, 62000 and 65000 will act as major resistance and 45000 and 42000 will act as major supports.
SILVER STRATEGY
Technically COMEX Silver is weak on charts. For the next week traders can use buy on lower level strategy if Silver sustains above the level of 3150$ an ounce, then above 3180$ COMEX Silver can test the level of 3240/3290$ an ounce. And in MCX Silver sustains above 53700 then it can test the level of 54500/55500/56800, Trade by keeping the proper stop losses.
Get Free Tips and Live Marker Updates and Price
Wednesday, July 13, 2011
Commodity Tips- Gold, Silver and Crude Oil Analysis Report Today 13 July 2011
MCX Market Live Price and Technical Analysis Report Click Here
Gold, Silver, Crude Oil, Basemetals and Agri Commodity
On MCX The Gold Futures trading in higher level and making marginal change. The contact nearing its all-time high, as fears of euro zone debt crisis spurred safe-haven buying in the yellow metal, pushing traders to the sidelines. Overseas gold and silver in London spot respectively traded at USD 1,552.75/oz, down 0.80 and USD 35.90/oz, up 0.10. MCX most active August contract at Rs 22,587, up Rs 115 and so far moved between Rs 22,594- 22,516/10gm. Volumes were 3,423 lots.
MCX Silver Overall trend of the Silver is bearish for medium-long term .Currently Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend.
Baemetals trading on higher level and gaining during opening hours of trading on MCX and the trend is consolidate.Make position in Copper and Alluminium with stoploss and cheched out support and resistance for today.
Energy Crude Oil trading in upper level and gaining from opening. it indicate buying signal.
Mentha oil spot prices were quoted bearish in major markets on Wednesday as prices shed in range of Rs 10-15 a kg. Increased arrivals and declining demand weighed up on the prices.
MONSOON MCX-NCDEX Commodities Free Offer For Subscription
Gold, Silver, Crude Oil, Basemetals and Agri Commodity
On MCX The Gold Futures trading in higher level and making marginal change. The contact nearing its all-time high, as fears of euro zone debt crisis spurred safe-haven buying in the yellow metal, pushing traders to the sidelines. Overseas gold and silver in London spot respectively traded at USD 1,552.75/oz, down 0.80 and USD 35.90/oz, up 0.10. MCX most active August contract at Rs 22,587, up Rs 115 and so far moved between Rs 22,594- 22,516/10gm. Volumes were 3,423 lots.
MCX Silver Overall trend of the Silver is bearish for medium-long term .Currently Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend.
Baemetals trading on higher level and gaining during opening hours of trading on MCX and the trend is consolidate.Make position in Copper and Alluminium with stoploss and cheched out support and resistance for today.
Energy Crude Oil trading in upper level and gaining from opening. it indicate buying signal.
Mentha oil spot prices were quoted bearish in major markets on Wednesday as prices shed in range of Rs 10-15 a kg. Increased arrivals and declining demand weighed up on the prices.
MONSOON MCX-NCDEX Commodities Free Offer For Subscription
Saturday, June 4, 2011
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
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.
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.
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
Wednesday, June 1, 2011
MCX Commodity Daily News Letter 1 June 2011 | Gold and Silver Tips
GOLD STEADIES NEAR 4-WEEK HIGH; GREECE IN FOCUS.
OIL GAINS FOR SECOND DAY ON KEYSTONE PIPELINE, U.S. CONSUMER CONFIDENCE.
COPPER HITS FOUR-WEEK HIGH AS EURO GAINS.
DOMESTIC OIL SEED AND EDIBLE OIL EDGE UP.
Technical Views of Gold and Silver Click Here
Gold holds near 4-week high.
Silver set for worst monthly slide since 2008.
Drop in the dollar against the euro.
Oil jumped by more than $2 on Tuesday.
Copper hits four-week high.
LME aluminium stocks fell 3,525 tonnes.
Gold steadied around its highest in nearly four weeks on Tuesday, but surrendered earlier gains after a report that Germany could smooth the way for Greece to get a bailout. Copper rallied to a four-week high on Tuesday, supported by a firmer euro after expectations mounted that a second aid package for Greece would get the go-ahead and after a series of poor U.S. data.
MCX Gold and Silver FREE Tips/Call on Mobile
OIL GAINS FOR SECOND DAY ON KEYSTONE PIPELINE, U.S. CONSUMER CONFIDENCE.
COPPER HITS FOUR-WEEK HIGH AS EURO GAINS.
DOMESTIC OIL SEED AND EDIBLE OIL EDGE UP.
Technical Views of Gold and Silver Click Here
Gold holds near 4-week high.
Silver set for worst monthly slide since 2008.
Drop in the dollar against the euro.
Oil jumped by more than $2 on Tuesday.
Copper hits four-week high.
LME aluminium stocks fell 3,525 tonnes.
Gold steadied around its highest in nearly four weeks on Tuesday, but surrendered earlier gains after a report that Germany could smooth the way for Greece to get a bailout. Copper rallied to a four-week high on Tuesday, supported by a firmer euro after expectations mounted that a second aid package for Greece would get the go-ahead and after a series of poor U.S. data.
MCX Gold and Silver FREE Tips/Call on Mobile
Saturday, May 14, 2011
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.
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.
Friday, May 6, 2011
MCX Bullion and Crude Oil Market Special Report Today
MCX crude oil (May ): Sell - 4400, Stoploss - 4460 Target - 4250-4220
MCX Copper (June ): Sell - 400, Stoploss - 405 Target - 390
On MCX, crude oil's sharp decline. May crude oil futures slipped below the Rs 4,500 has sense. NYMEX While the crude oil has come down from $ 100. Silver glitter is too pale. July silver futures on MCX with a sense of 3 per cent fall has come to Rs 53,000. COMEX rising prices at the margin pressure is being witnessed. In gold trading is too dull.
Silver is trading at a sharp decline. MCX July futures has nearly 3 per centdive. While the sharp drop in crude oil is trading. However, Copper and other Base Metals is looking light in trading.
Read More About Why Silver Is Declining Click Here
MCX Gold and Silver FREE Tips On Mobile Click Here
MCX Copper (June ): Sell - 400, Stoploss - 405 Target - 390
On MCX, crude oil's sharp decline. May crude oil futures slipped below the Rs 4,500 has sense. NYMEX While the crude oil has come down from $ 100. Silver glitter is too pale. July silver futures on MCX with a sense of 3 per cent fall has come to Rs 53,000. COMEX rising prices at the margin pressure is being witnessed. In gold trading is too dull.
Silver is trading at a sharp decline. MCX July futures has nearly 3 per centdive. While the sharp drop in crude oil is trading. However, Copper and other Base Metals is looking light in trading.
Read More About Why Silver Is Declining Click Here
MCX Gold and Silver FREE Tips On Mobile Click Here
Thursday, April 14, 2011
MCX Bullion and basemetals Support and Resistance | MCX Intraday market outlook
- GOLD REGAINS STRENGTH AFTER FALL; ETF HOLDINGS SLIP.
- CRUDE OIL TRADES NEAR TWO-WEEK LOW ON SLOWING DEMAND, HOPE OF LIBYA TRUCE.
- COPPER CONTINUE TO SHED; FEAR OF NUCLEAR HAZARD IN JAPAN WEIGHED.
- INDIAN RED CHILLI POSTS OVER 2PC GAINS.Read More:-MCX Intraday tips
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