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Thursday, November 10, 2011

MCX Commodity Tips:- Gold Silver Trading Strategy and Call

The Gold is in perfect uptrend .Currently Gold is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Gold Cautious point is buying at higher levels seems decreasing.
Support for the Gold is 27880-27700-27260-27075-26990-26235-.Resistance for Gold is 29240

MCX Commodity Live News :- Silver and Gold Trading Tips Intraday 

MCX Gold Silver Technical Report For Today

Currently Silver is in HOLD LONG position In short term Silver is in strong up trend so hold with stop at 56545 Very Short term investor please cautious on Silver as it is moving with low volatility The Silver is now trading in highly overbought level.
Gold closed above 1 week high on Tuesday with volume signals up breakout.Currently Gold is in HOLD LONG position In short term Gold is in strong up trend so hold with stop at 28108 The Gold is now trading in highly overbought level.
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MCX Technical News Report and Support Resisistance For Today

GOLD STEADIES, ITALY'S DEBT WORRIES LINGER.
CRUDE OIL DECLINES ON CONCERN ITALY’S TURMOIL MAY DERAIL EUROPEAN ECONOMY.
COPPER UP ON CHINA DATA, ERASES GAINS ON BERLUSCONI'S EXIT PLEDGE.
DOMESTIC OIL AND OILSEED TRADE STEADY.
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