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Daily Commodity Tips
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Daily Commodity Tips
MCX GOLD Technical Trend
MCX GOLD showed sideways movement and unable to sustain on lower levels. Now, 27450 is seen as major resistance where the gap filling is expected till 27680. Any reversals from higher side will find support around 26350 below which free fall is expected towards the next support of 25500.
MCX GOLD showed sideways movement and unable to sustain on lower levels. Now, 27450 is seen as major resistance where the gap filling is expected till 27680. Any reversals from higher side will find support around 26350 below which free fall is expected towards the next support of 25500.
Re: Daily Commodity Tips
MCX SILVER Technical Trend
MCX SILVER last week showed sideways movements, gave closing above trend line and traded above 50% retracement on weekly chart. Now, if bull continues then next resistance level is seen around 47500. On other hand weakness will be seen below 43500 and if it sustains below this level then strong support is seen near 42300.
MCX SILVER last week showed sideways movements, gave closing above trend line and traded above 50% retracement on weekly chart. Now, if bull continues then next resistance level is seen around 47500. On other hand weakness will be seen below 43500 and if it sustains below this level then strong support is seen near 42300.
MCX Trend -04/05/2013
GOLD AUG. : SIDEWAYS
RESISTANCE 2 : 27650
RESISTANCE 1 : 27500
SUPPORT 1 : 27180
SUPPORT 2 : 27000
MCX Trend -06/JUNE/2013
GOLD AUG. : SIDEWAYS
RESISTANCE 2 : 28100
RESISTANCE 1 : 27850
SUPPORT 1 : 27500
SUPPORT 2 : 26300
RESISTANCE 2 : 28100
RESISTANCE 1 : 27850
SUPPORT 1 : 27500
SUPPORT 2 : 26300
Re: Daily Commodity Tips
MCX Trend -11/JUNE/2013
GOLD AUG. : SIDEWAYS
RESISTANCE 2 : 28300
RESISTANCE 1 : 28100
SUPPORT 1 : 27790
SUPPORT 2 : 27580
GOLD AUG. : SIDEWAYS
RESISTANCE 2 : 28300
RESISTANCE 1 : 28100
SUPPORT 1 : 27790
SUPPORT 2 : 27580
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