Tuesday, 15 May 2012

Indian Commodity Gold Updates, MCX Crude Oil Trading Tips and Strategy Today 15 May 2012

MCX Gold Updates, Indian Commodity Strategy, Crude Oil Tips, Trend, Support Resistance, MCX Future Live Updates, Intraday Commodity Tips Today

MCX Gold is showing negative view in domestic today. All MCX commodity view of the day Negative note in previous. The turn down of the all MCX commodity like that Precious commodity gold and silver, Metals and energy have affected by global cues.
Gold in the international market continues to fall. Comex half percent of the gold is trading at 1,552.
Precious commodity Gold has slipped more than half percent and its will be go down lower zone. In domestic market MCX Gold has started down at Rs 28205 for June contract. Now it is trading down 0.59 percent at Rs 28078 at around 10.40 Am. Tomorrow also MCX Gold was slipped half percent and close at Rs 28,239.

Support Zone of MCX Gold is 28141.5 to 28019.1  
MCX Gold Call Today
Sell MCX Gold with June contract below 28050.
Targets- 28027, 28002 and Stop Loss- 28093.
MCX Crude Oil Update and Trading Strategy
In domestic market crude oil also is showing negative trend today, and it is trading down 0.51 percent with Rs 5085. In previous crude has started down at Rs 5106.  
Crude Tips: - Sell Crude May below5075 targets 5060, 5045, 5030 SL 5105.  
Support- 5080.7 to 5027.3  
Resistance- 5141.4 to 5195.

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