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GOLD UPDATES, MCX Bullion Tips, Live MCX Trading Strategies, MCX Commodity Tips Today 10 April:- Gold may feel pressure in evening before which ECB’s record financing to Portuguese banks could very well support the Euro and gold prices to a higher side.

MCX Gold (Apr) :Res3-28153 Res3-28190 Res3-28255 Closing-28329 Sup1-28388 Sup2-28442 Sup3-28486

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GOLD APR : DOWN

RESISTANCE 2 :28300

RESISTANCE 1 :28100

SUPPORT 1 :27700

SUPPORT 2 :27400

SILVER MAR. : DOWN

RESISTANCE2 :60100

RESISTANCE1 :59000

SUPPORT1 :56850

SUPPORT2 :55550

COPPER FEB. : DOWN

RESISTANCE2 :432

RESISTANCE1 :427

SUPPORT1 :419

SUPPORT2 :414

CRUDE MAR : SIDEWAYS

RESISTANCE2 :5430

RESISTANCE1 :5380

SUPPORT1 :5280

SUPPORT2 :5220

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Commodity Trend

GOLD APR : SIDEWAYS

RESISTANCE 2 :29000

RESISTANCE 1 :28850

SUPPORT 1 :28600,……….click here

Commodity Trend

GOLD APR : SIDEWAYS

RESISTANCE 2 :29000

RESISTANCE 1 :28850

SUPPORT 1 :28550………… click here

Commodity’s Trend

GOLD APR : UP

RESISTANCE 2 :29200

RESISTANCE 1 :29000

SUPPORT 1 :28600………….click here

Commodity’s Trend

GOLD APR : UP

RESISTANCE 2 :28800

RESISTANCE 1 :28550

SUPPORT 1 :28250…………..click here

Nifty Trend

Markets opened the week on a neutral note and showed positive sentiments in the afternoon session after euro area finance ministers agreeing on Greece bailout package. Nifty future was able to close above the crucial mark of 5600 with good volumes. Now, if it maintains above 5600 then 5700 can act as hurdle for it where profit booking is expected. If global factors do not support then weakness may occur below 5550 below which 5500 will hold it and act as support.

TREND: UP

SUPPORT : 5565 & 5500………click here

Commodity’s Trend

GOLD APR : SIDEWAYS

RESISTANCE 2 :28450

RESISTANCE 1 :28270

SUPPORT 1 :28000

SUPPORT 2 :27850

SILVER MAR. : SIDEWAYS

RESISTANCE2 :58400

RESISTANCE1 :57000

SUPPORT1 :55500………..click here

MCX GOLD, last week traded sideways and faced strong resistance at 28300. On daily charts gold forms a triangle pattern it found strong supports on lower band of triangle. If it break 27950 with supporting volumes than it may find next support around 27700. On upper side above 28400……click here

US crude oil futures have climbed to near five week high at $102.51 per barrel on Wednesday trading on reports that Iran halted shipments to Europe and US inventory declined for the first time in four weeks, data from US Energy Information Administration showed. Crude oil prices have gained 20% in the past year and Bahrain Energy Minister has pointed out that $100 is a remunerative price for oil producing nations. “The high range close sets the stage for a steady to higher opening on Thursday. Stochastics and the RSI remain bullish signaling that sideways to higher prices are possible near term. Closes above the reaction high crossing…….click here