Wednesday, July 04, 2012
MCX Gold, Copper Tips For Today
MCX Gold : Experts believes that due to improvements in condition of Indian rupee there has been fall in gold prices and expects further fall in it. They recommend to Sell Gold at 29,500/10gms with stop loss of 29,570/10gms for a target of 29,400/10gms.
MCX Copper : Prices of MCX Copper are not expected to move up in near term so it is advised to Sell Copper at 428/kg with stop loss placed above 432/kg and is expected copper prices to move up and test level of 420/kg.
Gold Support Resistance For Today
Support : 29399, 29325, 29206
Resistance : 29592, 29711, 29785
Silver Support Resistance For Today
Support : 53465, 53224, 53008
Resistance : 53922, 54138, 54379
CLICK HERE FOR MORE MCX MARKET UPDATES