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    • Showing posts with label 8 september. Show all posts
    Showing posts with label 8 september. Show all posts

    MCX Commodity Trading Strategies for Today

    Posted by Commodity Tips India
    Posted on -
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    MCX Gold Updates:- MCX Gold is now in the shining edge in the commodity market. Rainy monsoon season and wedding season supported the gold prices in the market. Gold at multi commodity exchange has now crossed the our recommended resistance level of Rs. 31,818. At futures market too the gold contract of April futures has gone up to 32,921. In the spot commodity market too the gold has crossed the 32,000 price resistance level. In the international market too the gold is at it's highest price level.

    Commodity Trend:- The eye of the commodity market is still on the meeting of ECB.Buying bonds could be an announcement. Also on Friday, the U.S. unemployment records of gladiator pairs are also quite important. On the basis of the U.S. Federal Reserve may decide to bring Qi -3. Legendary investor Marc Faber are advising everyone to invest in gold.

    MCX Silver updates:- With gold - silver is on an upward trend. Currently with 1.75 percent of gain silver on MCX is trading around Rs 63,000. Crude oil rose more than 1 percent on MCX is trading at Rs 5390.MCX Copper is seeing growth in all except metals. Copper fell 0.4 percent, while aluminum, nickel, lead and zinc from 0.4 to 0.8 per cent gained.

    MCX Commodity Tips & Strategies For Saturday 8 September

    Buy MCX Gold at 31660, Stop loss 31600, Target 31900.

    Buy MCX Silver at 62850, Stop loss 62550, Target 63250.

    Buy MCX Crude oil above 5400, Stop loss 5370, Target 5430

    We are running a special weekly offer in which you may get MCX & NCDEX commodity tips free for next 2 days from 11 September to 12 September 2012. Fill the Subscription Form Now !
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