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.
Crude
has been heading towards USD 93 per barrel mark. Yesterday, it went
till that level and has come down after the increase in the US
inventory. In crude, we see profit booking till USD
91.5 per barrel levels. From thereon, we will see a rally till
USD 95 per barrel levels. Crude is the strongest in the
near-term. We feel that, on the upside, it can go to USD 95-USD 97
per barrel over the next one-two weeks.
If
you look at gold from last 15 to one-month trading, it was unable to
break the USD 1,800 per ounce mark. Then profit booking crept in and
we saw gold prices coming down to USD 1,740 per ounce. We have seen
it slip below that.
We
believe USD 1,740 per ounce is a very strong support level. We would
see a small bounce from hereon. If we stay above USD 1,740 per ounce,
we are net buyers in gold. It is headed towards USD 1,765 per ounce.
Intraday as well as for the near-term we are net buyers in gold.
MCX Bullion Gold Silver Tips Bearish Trend 19-20 October
MCX GOLD TREND BEARISH
Sell at 31200, Stop loss 31250, Target
31100.
MCX SILVER TREND BEARISH
Sell
below 60500, Stoploss 60800, Target 60100.
