Gold Silver On Bullish Trend |Mcx Tips Today

mcx gold silver tips today,free commodity tips,live ncdex tips,mcx bullion trend and updates today

MCX Gold silver trend and updates :- Gold and silver ened at higher note and start with bullish trend in todays morning.Silver has rise with 10% and Gold with 4% in recent trdaing session.gold futures prices are seen quoting up by over half a percent on the back of Merkel’s harmony to the euro zone nations while the financial chiefs were still in doubt on ECB’s capability on combating the crisis.Gold prices are resisting the upward sloping trendline. one can be caution as we could witness profit booking in the evening session. Prices can test the immediate support at 31100 - 31050.

Silver prices are expected to test 62600 – 63000 on higher end one can buy around 61400 with a stop loss below 61000. 

Gold Oct support - 31020 31100 31250 Resistance - 31340 31450 31580. 

Silver Dec Support - 60150 60700 61300 Resistance - 61850 62400 63000. 

MCX Tips Today :- Buy Gold (Oct) above 31270-31280 for target of 31350- 31430 with stop loss of 31240. 

Mcx Lead (Sept) Buy Around 110 for target of 111 with stop loss of 109.6 with Sideway trend.. 

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Crude Oil trend today :- Crude oil futures surged near $98 a barrel in Asia electronic session today as traders looked ahead for some monetary easing from China- oil's largest consuming nation.MCX September crude futures may open today's session near Rs. 5400 levels with resistance near Rs. 5420 and Rs. 5445 levels.Crude prices are expected to trade within the range from 5425 to 5325, one can trade within the range or wait for a break above 5425 to enter long. 

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