MCX Commodity Tips|Bullion Tips|Trading Trend(Monday, 18 July):
In MCX commodity Bullions may remain on firm note continuing last week gains.Gold prices can test 23,300 while silver can test 60,000 in MCX soon. Base metals may trade sideways with positive bias.Crude oil may trade on flat note tracking mixed overseas cues. Crude may trade in range of 4,300-4,400 in MCX.
GOLD (Aug): Buy on Dips
Trend Consolidate
Res2 -22450 Res1-23200
Sup1-22830 Sup2-22690
SILVER (SEP): Buy on Dips
Trend Consolidate
Res2-60800 Res1-59750
Sup1-57750 Sup2-56600
CRUDE OIL (JULY): Buy on Dips
Trend Consolidate
Res2 -4362 Res1-4347
Sup1-4315 Sup2-4295
NICKEL (JULY): Buy on Dips
Trend Consolidate
Res2 -1150 Res1-1093
Sup1-1048 Sup2-1020
COPPER (AUGUST): Buy on Dips
Trend Consolidate
Res2 -455 Res1-442
Sup1-425 Sup2-419
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