Thursday, 16 August 2012

MCX Silver, Copper Tips Commodity Trend Today

Free commodity tips for today,mcx live tips today,bullion tips,ncdex agri tips today

MCX Gold Trend Today :- MCX October gold futures may open today's session near Rs. 30035 with resistance near Rs. 30100 and support near Rs. 29940 levels.Gold futures surged back above $1600 again in Asia today supported by surge in equities and higher crude oil prices. Gold fell below $1600 an ounce yesterday as the US dollar surged pushing the euro to its lowest level since July 30, with U.S. economic data reducing expectations that the Federal Reserve may ease monetary policy further. 

Crude oil Updates :- Crude oil futures are trading slightly higher in Asia electronic session today after rising to highest in three months after the Department of Energy's weekly report showed a larger-than-expected drop in crude supplies yesterday.MCX August crude futures may open today's session near Rs. 5215 levels with resistance near Rs. 5245. 

MCX Tips For Today :- Short silver at 53650-720 with stop loss of 53890 for target of 53320. Short copper at 414.60-90 with stop loss of 415.60 for target of 413.55. 

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