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Wednesday, January 23, 2013

MCX Trend Tips Gold Silver

MCX gold trend is now corrected and gold mcx is now trading with a little bullish run. At the domestic market the movement of gold and silver has strengthened. Currently, mcx gold is trading with a gain of 0.14 percent at Rs 30814 levels. MCX silver has remained around Rs 59781 with 0.28% gain. MCX crude oil has exceeded 5205 with 0.06% gains. At commodity mcx the base metals are also trading in a uptrend except copper. MCX Copper is trading down at Rs 439 levels and is down by 0.09%. MCX Crude oil February futures is advised to buy at 5180 with a stop loss of 5150 and target of 5230. MCX Copper Feb Futures is also advised to buy near 439 levels with a stop loss of 436 and target of 445 levels.

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