Wednesday, December 26, 2012

MCX Intraday Tips Trend

MCX gold and silver is trading bearish. MCX gold in the domestic market is trading at 30708 price levels. MCX Silver is down to Rs 58,000. Crude oil has accelerated. The MCX crude oil with 0.3 per cent to Rs 4920 has been exceeded. Base metals business is dull. All metals except copper are trading with weakness. Copper around Rs 437.50 with a gain of 0.25 per cent is trading. MCX Gold (Feb) is recommended to sell in a range of 30,670 to 30,665, and stoploss of 31,080 and the target 30640 / 30585. Get more on silver and other commodities.

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