Commodity Market News Updates Trend Levels (Gold, Silver, Crude, Copper, Natural Gas) (Wednesday 17 August):
The Multi Commodity Exchange (MCX), COMDEX started on a negative terrain after a rise of 0.63% yesterday. It traded higher by 15.05 points, at 3,470.07 in the morning after opening at 3,454.91.MCX METAL traded upward by 18.66 points at 4,808.21 after opening at 4,789.26.GOLD (October): Buy on Dips Trend- Bullish
Res2 -26700 Res1- 26460 Sup1- 25900 Sup2-25640
Res2- 62400 Res1-60860 Sup1-58400 Sup2-57600
CRUDE OIL (August): Sell on Higher Levels Trend -Bearish
Res2 -4030 Res1- 3980 Sup1- 3880 Sup2- 3820
NATURAL GAS (August): Sell on Higher Levels Trend- Bearish
Res2 -1910 Res1- 184 Sup1- 172 Sup2- 168
COPPER (August): Sell on Higher Levels Trend -Bearish
Res2 -412 Res1- 407 Sup1-393 Sup2- 387
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