MCX Commodity Tips(Gold,Silver,Crude Oil,Copper)Today 21 July

MCX Commodity Tips|Bullion Tips|Trading Trend(Thursday, 21 July):

At the Multi Commodity Exchange (MCX), Bullions may remain on firm note as the safe haven buying can keep the prices on upbeat note. Gold prices can again test 23,200 while silver can test 6,0000 in MCX in near term . Base metals may continue to trade volatile note. Copper posted its first down day in four sessions on Wednesday.Copper`s losses fed through to the broader base complex, pulling lead and zinc away from their  highs and keeping aluminum and nickel prices under pressure. In Energy Crude Oil may trade on flat note Crude oil can trade in range of 4,200-4,400 in near term.
 

GOLD (August): Buy on Dips

Trend Consolidate 

Res2 -23450 Res1-23260

Sup1-22860 Sup2-22600

SILVER (September): Buy on Dips

Trend Consolidate 

Res2-61250 Res1-60125

Sup1-57820 Sup2-56570

CRUDE OIL (August): Buy on Dips

Trend Consolidate 

Res2 -4480 Res1-4435

Sup1-4325 Sup2-4270

COPPER (August): Buy on Dips

Trend Consolidate 

Res2 -448 Res1-442

Sup1-431 Sup2-425