Latest MCX Gold Trend July
It seems that the rein has been put in the booming of gold and silver in the market.Gold and silve rare trading range bound across the globe.MCX Gold hit the price band of 29,574 by falling down 0.3 percent in the market.while silver has broken half per cent. Gold ETF holdings of the domestic market have come down substantially, in June,as the investors withdrew a record Rs 230 crore. The holding of the gold ETFs have been cut down by 25 per cent.There is a slowndown in the economy world wide despite this the gold is trending down.The market is being a little pessimistic and cautious about the global economy, and investors are choosing the dollar as the top safety havenThe strength in the dollar is in turn putting pressure on gold prices.
Hence We recommend Following MCX Commodity tips for Today’s session:-
Gold (MCX): Sell @ Rs -29 580, Stop Loss-29680 Target-29,450
Silver (MCX): Sell @ Rs -53280, Stop Loss-53400 Target-52900
Crude oil (MCX): Sell below @ Rs -4730, Stop loss-4780 Targets 4680 to 4620
Copper (MCX): Sell below @ Rs -423, Stop Loss -425.50 Target-418
MCX Commodities Outlook 25 May 2012
MCX Commodity updates, Gold Update, Silver Live Trend, MCX Tips, MCX Gold, Silver Sure Shot Call, Intraday Tips, Commodity Future Updates, MCX Online Tips, Free Commodity Trading Strategy Today, MCX NCDEX Tips for Today 25 May 2012
MCX Gold Trading Tips & Strategies for today
MCX Gold JUNE Support-28525, 28700, 28800 Resistance-29050, 29175, 29300
MCX Silver Trading Tips & Strategies for today
MCX Silver July Support-53100/53550/53925 Resistance-54775/55200/55650
MCX Crude Oil Trading Tips & Strategies for today
Crude Oil June Support-5030,5055,5075 Resistance-5115,5135,5160
MCX Copper Trading Tips & Strategies for today
MCX Copper Support-416,419,421 Resistance-426.5,429.5,432
MCX Natural Gas Trading Tips & Strategies for today
MCX Natural Gas Support-143.25,145.25,147.75 Resistance-153.25,156.25,158.5