Free Commodity Trading Calls for Today

Gold & Silver are trading down on the international index. It's been 3 weeks since when the gold price are under pressure. According to the CFTC reports gold seen a decline in the long position form the investors end last week. Crude oil is trading slightly down from last weeks trading sessions. Crude oil prices had come down to 93 dollar last week. For this week we may expect prices to sustain above last weeks resistance level. 

Gold on MCX is trading marginal downside from its previous close at around 27,800. Similarly silver is also trading at 42125 after falling 0.3 percent today. For today's trading sessions we are recommending following trading calls:

• MCX Lead (September futures): Sell at 136.5 with stop loss at 137.5 for the target of 135. Lead intraday support for today is at 134 and resistance is at 138. 
• Natural Gas MCX (September futures): Sell at 247 with stop loss at 251 for the target of 240. Natural gas will find support at 238 and resistance at 251. 
  

Commodity Trading MCX Tips Today Evening Session

In international market gold is trading at the lowest of last 2 months. In domestic market on Multi Commodity Exchange of India the gold is trading above 27800. Silver is trading around 42000. Interest rates are expected to go up in America next year based on this news dollar is trading at the high of last 11 months. In the evening session today traders are advised to sell gold while may take long position in the copper. Natural gas is also a good bet from profit point of view. On NCDEX soyabean was trading on lower side but recovered in the successive trading sessions.

MCX Gold | Aluminium | Natural Gas Tips | Commodity Tips

COMMODITY TIPS FOR TODAY - 24th January 2012

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MCX GOLD S.27414-27318 R.27600-27690.

MCX Aluminium Feb: Buy @ 110.60, Target- 112, SL- below 109.50.

MCX NATURAL GAS (JAN – 23) RESISTANCE -130.17,135.83,144.77 SUPPORT- 115.57,106.63,100.97.

MCX LEAD OPENING LEVELS (JAN-24) RESISTANCE -111.95,113.2,115.15 SUPPORT – 108.75,106.8,105.55.

*MCX Crude oil futures were flat in the Asia electronic trades on Tuesday after surging nearly 1.5%.

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