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    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.

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    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.

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  • Showing posts with label mcx gold trend. Show all posts
    Showing posts with label mcx gold trend. Show all posts

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    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.
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    Demand of MCX gold in the market has weakened in the commodity market. The gold has failed to jump the expected levels in the today's trade. The Rupee is gaining strength in the currency market. Thouch the the demand of gold and silver are expected to grow as the fective season ahead. At present the demand remains sensitive in the market. we are looking for a break above the range highs near 1803 to confirm our bullish view for gold. Actually the picture of Spain issue is not very clear to any one in the market. That is why the traders and investors are fearing in long position of gold and silver. Barclays in it's report has said that the gold demand in India will lower down in festive season of Diwali due to the high prices.
    We will recommend following MCX Dec: Intraday Levels : Resistance: 31260/31450/31590/31840-900. Support: 31050/30900/30740/30500
    For more MCX Bullion tips, gold tips, gold silver trend, mcx gold silver support and resistance level updates on your mobile. Fill the Free Subscription form now !!!
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    In the last couple of weeks we have been watching the weakness in the gold and silver. Both of these precious metals are trading in the range bound. The best & Ideal trading Strategy for the gold and silver would be to go for buying on dips. In the next couple of weeks of October month we are not expecting some great or marginal movement. The bullion metals would be trading range bound in the upcoming weeks. If your are trading in gold or silver intraday the ideal situation would be to buy on dips. Even you can see the currency is trading flat on Forex.

    Looking at present conditions the gold and silver are in bullish side. The gold contract of month December will be a sell call from our side. We are expecting a support levels of Rs 31370 & Resistance of Rs. 31490 for gold. For the Silver We advice you to Buy at 61800 by placing Stop loss of 61600 and Target 62050.

    Register for 2 Days Free Trial from today 11 October Thursday to 12 October 2012 to get free mcx bullion tips for gold & silver, Base metal tips for lead, copper, nickel & Energy tips for Crude oil & Natural Gas.

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    MCX Bullion metals gold and silver are trading with marginal gaines in the international market. The gold is moving too much fast at Comex. Currently the gold prices are $1780 in the global commodity market. Crude oil is continuing with the weakness like the last week.

    In the domestic commodity market MCX the investors and traders were believing that the gold prices may go up due to the gain in the Rupee against the dollar. But it could not be fulfilled as the Strengthening Rupee could not support the gold prices at Multi Commodity Exchange.

    Crude oil Prices in the domestic commodity market trading may test the Rs. 5130. MCX Crude oil prices are trading in the range 4850 – 5150. In today's trade the crude oil is showing some weakness which will be covered in the today's later trade session. MCX Crude oil are having a strong support of Rs. 4850 while the Resistance is being expected to move around 5100-5130 levels.

    Register now for 3 Days free trial from today 9 October to Tomorrow 10 October 2012. Get Sure shot free commodity tips for MCX & NCDEX commodities on mobile. Hurry up !!!  
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    mcx trading tips for today
    Silver futures decline on sluggish demand:- Prices of silver commodity faced a down fall on friday's trade. The mcx silver fell by Rs. 117. Current market price of Silver till the time was 53,557 per kg in Futures trading. It happened just because of the minimized position by the traders and investors.

    MCX Silver Delivery September Contract Trend:- September contract of silver indelivery at MCX declined by 0.22 percent while the contract of December month slipped by around 0.21 percent.

    MCX Copper Trend Today:- Copper at MCX traded in red signal on Friday. The changes in the monetary policy of China & Britain caused the demand of copper at low level.At London Metal Exchange copper was down by 0.5 percent to $7,654.25 per tonne.At MCX the copper is weakened by 0.2-0.4 percent.

    MCX Crude Oil Trend Today:- Is has been observed on Friday's trade that once again the mcx crude oil prices are under market pressure. Instead of weakndend rupee against the US dollar the prices of mcx crude oil slipped by 1 percent. Currently the crude oil is trading below the price level of 4800.

    MCX Nickel Future Trend Today:- Nickel at mcx moved to the price level of 936.80 per kg in futures trading on Friday. Nickel almost declined by 0.12 percent.weakening global trend of this base metal enforced it to go down in the trade.

    International market slowdown is imposing the gold and silver to trade in red signals today. The gold at mcx is showing a down trend. The domestic gold prices fell by 0.5% and trading at 29,600 while the silver is trading at 53,500 with a down of 0.5%.

    Experts Recommendation for trading in commodity market:-

    Sell MCX Gold at 29660 Place a stop loss of 29720, & Target between 29450-29400.
    Sell MCX Copper at 429, with Stop loss of 431 and Target of 426-425.

    FILL THE FREE TRIAL FORM TO GET MORE COMMODITY TRADING TIPS FOR TODAY




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    Live MCX Commodity trading tips trend and updates for today Thursday 05 July 2012

    MCX Market Updates:- Even as commodities prices have fallen sharply in the current financial year, most Indian manufacturing companies’ margins are not expected to go up in the near future, thanks to a host of issues, including a sharp fall in the rupee and lower demand from the infrastructure and construction sector.Prices of metals are up between 0.6 and 0.8 per cent, while that of commodities like rubber fell sharply. However, the falling rupee has made the situation lose-lose for producers as well as consumers. The rupee fell over nine per cent in the first quarter of the current financial year.



    MCX Gold Silver Trend:- Well the Wednesday seemed good from the point of view of trading of commodities.There was a bounce back in the Indian currency Rupee against the dollar which supported the demand for the gold in the international market.In the previous week the weakening rupee was supporting the gold in the domestic market to become more costly.Although the precious metals gold and silver are trading with a slight decline in the international market. Comex gold was at $1617 with a down of 0.25% while the silver is trading at 28 dollars per ounce with a fall of 0.30%. The Indian rupee gained a strength which made the gold prices to trade at 29581 with a up of 0.37%. If the Indian rupee gains some strength against the dollar this trend of gold will continue on Thursday 5 July 2012.

    MCX Crude Oil Trend:- Nymex crude oil is trading with a 1 per cent sharp decline. The price is at 86 dollars a barrel. On Wednesday, MCX crude oil in the domestic market traded with strength of 0.5 per cent to Rs 4779. Today's crude oil trend will depend upon the demand concerns of market investors.

    Aluminium Trend & Updates:- MCX Aluminium is good to buy and dips in prices till Rs 106 per kilogram or Rs 105.70 per kilogram. Place a stop loss of Rs 104.90 per kilogram with a target of Rs 107.50 per kilogram.

    Hence After analyzing commodity market trend for today 5 July 2012 We recommend following commodity support & resistance level for today.

    We recommend buying gold below Rs 29,600 per 10 grams levels for a target of Rs 29,725 per 10 grams and buying silver on dips at Rs 53,700 per kilogram with a stop loss of Rs 53,500 per kilogram for a target of 54,000-54,100 per kilogram on intraday basis.

    TO FREE COMMODITY TIPS ON MOBILE. FILL THE SUBSCRIPTION FORM ##




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    MCX Crude Oil Trend:- Crude oil at MCX is expected to continue trade at the lower levels. The decline will continue it;s path today also.Domestic market witnessed a sharp down of around 1.5% in the mcx crude oil. Decline in the international market and weak rupee caused the pressure in the prices of base metals. MCX Crude oil is trading at the current market price of Rs. 4530.

    MCX Gold Silver Trend:- Due to Strengthening of the rupee against the dollar made the gold in the domestic market is increasingly looking at Braille.Although the gold in the domestic intraday market trading declined by Rs. 250 but later the weakening in the rupee supported the gold in the market.Currently gold is trading at 29,890 with a fall of 0.3%.MCX Silver is trading at 52,615 with a fall of 0.5%.

    MCX base metals but is now down deeper. MCX Nickel and lead to a decline of 1 per cent. The Copper, aluminum and zinc are seeing the weakness of nearly 1 per cent.


    MCX Trading Tips for today 26 June 2012


    MCX gold (August futures): Sell - 29900, stoploss of Rs - 30 100 and the target - 29 500
    MCX Crude oil (April futures): Sell - 4570, stoploss of Rs - 4615 and the target - 4498




      
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