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Thursday, August 11, 2011

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

Commodity Market News Updates Trend Levels (Gold, Silver, Crude, Copper, Natural Gas) (Thursday 11 August):
The Multi Commodity Exchange (MCX), COMDEX opened on a positive mark today after  a rise of 31.01 point yesterday. It was trading higher by 10.90 points at 3,401.57 after opening at 3,391.85 in the morning trading session.
MCXMETAL traded upward by 23.40 points, or 0.49%, at 4,770.51 after opening at 4,763.61.

GOLD (October): Buy on Dips   Trend- Bullish
Res2 -26670   Res1- 26470  Sup1- 26030   Sup2-25870
SILVER (September): Buy on Dips   Trend- Consolidate 
Res2- 62400 Res1-60900 Sup1-58400  Sup2-56300
CRUDE OIL (August): Sell on Higher Levels   Trend -Bearish
Res2 -3860   Res1- 3790 Sup1-3660 Sup2- 3590
 
NATURAL GAS (August): Sell on Higher Levels Trend- Bearish
Res2 -191 Res1- 187  Sup1- 174 Sup2- 168

COPPER (August): Sell on Higher Levels   Trend -Bearish
Res2 -406   Res1- 399 Sup1-386 Sup2- 382

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