Daily Commodity Tips

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Daily Commodity Tips

Post  Trifid06 on Wed May 15, 2013 2:19 pm

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.
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Re: Daily Commodity Tips

Post  Trifid06 on Thu May 16, 2013 7:52 am

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.
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MCX Trend -04/05/2013

Post  Trifid06 on Tue Jun 04, 2013 11:52 am


GOLD AUG. : SIDEWAYS
RESISTANCE 2 : 27650
RESISTANCE 1 : 27500
SUPPORT 1 : 27180 Smile
SUPPORT 2 : 27000
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MCX Trend -06/JUNE/2013

Post  Trifid06 on Thu Jun 06, 2013 10:17 am

GOLD AUG. : SIDEWAYS
RESISTANCE 2 : 28100
RESISTANCE 1 : 27850
SUPPORT 1 : 27500
SUPPORT 2 : 26300
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Re: Daily Commodity Tips

Post  Trifid06 on Tue Jun 11, 2013 9:01 am

MCX Trend -11/JUNE/2013

GOLD AUG. : SIDEWAYS
RESISTANCE 2 : 28300
RESISTANCE 1 : 28100
SUPPORT 1 : 27790
SUPPORT 2 : 27580
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