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Wednesday, August 10, 2011

MCX Gold ,Silver , Copper and Crude Oil Tips and Report For Today

U.S. Federal Reserve not to increase interest rates by the crude oil is back up. However, NYMEX the crude oil is trading at 82 dollars pe barrel. On MCX, crude oil remains above Rs 3,700.
Experts say the rise in crude oil is not due to demand. Therefore, the weakness in crude oil could see attitude.
After Tuesday's record rally in gold is looking weak today. COMEX arrived at the Gold level of $ 1761. gold on MCX at Rs 25,700. Experts say increasing liquidity in the U.S. to the gold level could reached $ 2,000.
Today's rise in the base metals. Copper is a strength of around 3 per cent. Copper on MCX has risen up to Rs 420. On Tuesday, copper had slipped down to Rs 390.
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MCX Commodity Tips- Gold,Silver and Crude Oil Trading Tips For Today 10 Aug 2011

MCX Crude Oil still declining technical Data indicate it will decline 3200 per barrel and SELL crude oil for Today's Tips and maintain stoploss whenever your  play in Short.
MCX crude oil Price still declining yesterday crude oil closed at Rs. 3643  Rs.  -136 per barrel.
MCX Gold has upper trend it has really for upper side. Buy trend For Gold safe-heaven trading in it.
MCX Silver has perfect upper trend But Today seeming Selling pressure. So Tips For MCX Silver is Buy on Dips.
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MCX Commodity Newsletter For Today 10 Aug 2011

GOLD AT RECORD $1,778; BIGGEST 3-DAY RALLY SINCE 2008.
CRUDE OIL DROPS BELOW $80 FOR FIRST TIME SINCE OCTOBER IN EXTENDED DECLINE.
COPPER ERASES EARLY FALL AFTER CHINA DATA.
DOMESTIC OIL AND OILSEED TRADE BEARISH.
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