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.
In today’s session we expect precious metals, base metals and crude oil prices to trade sideways with downside bias on speculation that US Federal Reserve might not provide stimulus measures to boost the economy. However, weakness in the DX might cushion sharp fall in the prices.
Spot Gold prices gained marginally by 0.1 percent on account of mixed global market sentiments ahead of Federal Reserve policy decision today and ECB meeting to be held tomorrow to decide steps to curtail the Euro zone debt. Weakness in the US Dollar Index (DX) also supported an upside in the prices.Spot Silver prices however were trading marginally down 0.04 percent taking cues from bearishness in the base metals pack. However, sharp downside in the prices was cushioned on account of weakness in the DX.
MCX Commodity Trading Tips, Commodity Trend, Technical outlook, Support & Resistance Level for today
MCX Gold is likely to see Selling mode below 30100 with Stop loss 30180 and Target 30030.
MCX Silver will be a Sell call below 53600 with Stop loss 53900 and Target 53300.
Buy MCX Copper at 419.50, Stop loss 417.50, Target 421.50.
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4 AUGUST 2012,
Aluminium Tips,
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ZINC TIPS
