Monday, 2 July 2012

MCX Silver Trading Updates, Gold Trend Today

Gold, Silver Updates 2 July 12, Commodity Tips and Strategy, MCX Market Trend and Supporting Level

The international market has again return back. Today International market has repotted down trend and had direct impact on domestic market. In domestic market all commodity market is traded fully bearish trend.

MCX Silver is trying to go up and gold is suffering very pressurized position in currently. According to commodity expert MCX Gold may go down near at 29511.5. If any way this position will broke than immediate traders can take next support level at 29260.9.

Although MCX Gold is trading above at Rs 29720, While MCX Silver has been cross at 52170 for July contract.

Advises for MCX Silver Traders Can buy above 53500 with September contract and targets 53565, 53650.
MCX Base Metal Tips 
Buy MCX Zinc above 104 with July Future contract. Targets 104.5, 105, 105.5 Stop Loss 103.1.


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