Live MCX- A blog where you can get live commodity Updates, MCX Gold Silver Trading Tips, Base metals- Copper, Zinc, Lead and Nickel Updates, Energy- Crude Oil Trend, Crude Oil Updates and Natural Gas Tips on daily and regular basis.
To provide MCX Tips- Gold Silver Live updates, Commodity Trading levels, Live news and updates on Various commodities like crude, copper, zinc, nickel etc, and exclusive tips on individual commodities. 
We are a bunch of experienced traders and technical analysts with both practical and technical knowledge of market. We track the market trend analysing the technical charts and fundamentals and provide tips accordingly.
Euro zone debt crisis affected very badly the global commodity market today.
All commodities in global world are trading with moderate losses. In
overseas as well as in the domestic market the commodities are
trending lower side Hence signaling red signals.
MCX
Crude oil today dropped around 5000 at multi commodity exchange &
while the NYMEX crude oil is trading with sharp decline of 3%.The
dollar strengthened 0.23 per centagainst a basket of currencies as
investors and traders abandoned the euro.That
has increased fears that Greece will go bankrupt in September and
have to leave the eurozone, also stormed the commodity market today.
With
a strength of 0.25% the gold at MCX is trading at 29,350 while the
mcx silver is at 52740 with a marginal decline of 0.2 percent.All
Base metals are under selling pressure in the international
market.Particularly the copper at mcx is trading with losses about
1.5%.
Hence
We recommend following trading tips for commodity in today's trade 24
July 2012
MCX
Gold August will be a sell call around 29380 levels with a stop
loss
placed above 29700 levels for a target of 28750 levels.
MCX
Silver September is short call around 52700 levels with a stop loss placed
above 53500
levels for a target of 51200 levels.
Sell
MCX Crude Oil below August 4950
levels with a stop loss placed above
5020 levels for a target of 4850 levels.
Short
MCX Copper around
418 levels with a stop loss placed above 422
levels for a target of 412 levels.
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