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Wednesday, September 21, 2011

MCX Bullion Technical levesl | Market updates amd Global Data

According to market analysis we are seeming Gold will trade down side .on expectations that the Federal Reserve may announce some steps to bolster economic growth in the US, thus deteriorating the safe haven appeal of gold from an intra-day perspective.
MCX gold short term trend is seeming continues up.
MCX Gold Oct Support 27900/27710 Resistance 28225/28430
MCX Silver Dec Support 63480/62600 Resistance 64980/65600

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MCX Gold , Silver and Copper Tips Intraday For Today

Gold is trading in mixed trend. on MCX is trading at Rs 28125 . The COMEX gold has been trading under $ 1806.
The sense of silver on MCX has risen close to 65,000 again. On COMEX also silver is trading above $ 40.
Buying Call Indication In both bullion Metals and Copper also indicate upper side trading today.

MCX Gold, Silver and Basemetals Tips For Today 21 Sep 2011

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MCX Bullion metals - Both precious metals closed in good strengths. MCX gold up with more than Rs. 270 closed at Rs. 22460.

MCX Silver closed at 64400 up with more than 1100. Technical Analysis Report indicate upper side trading today.

Base metals settle lower on global economic
The base metals complex traded lower on the LME in yesterday’s trading session.
Factors that affected the metal prices were- a stronger dollar, escalating concerns with respect to Euro Zone debt crisis and weak sentiments in the global equity markets.

MCX Bullion Daily Newsletter For Today and Updates Today

GOLD RISES AFTER ITALY DOWNGRADE UNSETTLES INVESTORS.
OIL BOUNCES FROM SELL-OFF ON EUROPE ECONOMIC WOE.
LME COPPER STEADY AT 9-MONTH LOW.
DOMESTIC OIL AND OILSEED TRADE UP ON SHORT COVERING.

 
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