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Online MCX Commodity Update & Tips for Today Evening
No CommentsMCX Gold Dec is trading at `26160, it rose by `150 for the day. Silver spot market is trading at $29.74, it is down by 43 cents. MCX Gold December prices are expected to see further declines to test 25500 levels. MCX Silver Dec contract is trading at `50229, it is trading flat for the day, prices are showing weakness. It is near crucial support of 49700-49800 levels. A break below this support will trigger breakdown from a descending triangle pattern for targets of 47000 levels. WTI Crude Oil is currently trading at $78.17 a barrel on the New York Mercantile Exchange. MCX Crude Oct is trading at `3855, it is trading up by `60 for the day, prices have bounced back from the oversold zone. It is now near the resistance of 3900 levels. We recommend sell near these levels with a stop loss placed above 4000 levels. All base metals are trading in the positive territory today. Gold Tips Today
Visit:- http://indian-commodity.blogspot.com/2011/10/mcx-live-update-commodity-tips-for.htmlPublished on October 5, 2011 · Filed under: Stock & Commodity Market Analysis (Nifty Sensex MCX Gold Silver) / Sure Shot Intraday Trading Tips & Calls; Tagged as: agri commodity tips, Commodity Live Calls, Copper Levels, Crude Oil Updates, Gold Tips Today, Indian Commodity Tips, Markets Today, MCX Live Prices, Ncdex tips, silver tips