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Commodity Market News Updates Trend Levels (Gold, Silver, Crude, Copper, Natural Gas) (Thursday 18 August):
The Multi Commodity Exchange (MCX), COMDEX started on a positive note after a rise of 30.97 points from yesterday's trade. It is currently trading higher by 3.93 points at 3,489.92 in the morning trading session after opening at 3,487.02.
MCX METAL is trading upward by 16.94 points at 4,854.43 after opening at 4,840.15. MCXAGRI is trading up 1.17 points at 2,829.19 after opening at 2,829.14. MCX ENERGY is trading down by 7.30 points at 2,804.78 after opening at 2,799.62.
GOLD (October): Buy on Dips Trend- Bullish
Res2 -26900 Res1- 26650 Sup1-26130 Sup2-25850
SILVER (September): Buy on Dips Trend- Consolidate
Res2-62700 Res1-61400 Sup1-59600 Sup2-58400
CRUDE OIL (August): Sell on Higher Levels Trend -Bearish
Res2 -4080 Res1- 4035 Sup1-3910 Sup2-3850
Res2 -4080 Res1- 4035 Sup1-3910 Sup2-3850
NATURAL GAS (August): Sell on Higher Levels Trend- Bearish
Res2 -192 Res1- 187 Sup1- 174 Sup2- 170
COPPER (August): Sell on Higher Levels Trend -Bearish
Res2 -415 Res1- 409 Sup1-398 Sup2- 392
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