Monday, 15 June 2015

Best & Most Accurate Mcx Commodity Tips in Gold and Silver

MCX Gold Aug as seen in the weekly chart above has opened the week with gap up at 26,780 levels and at the starting of the week it rallied sharply and made a weekly high of 27,072 levels. Later on prices could not able to sustain on higher levels and corrected sharply towards the low of 26,790 levels. This week prices closed above the previous week’s closing of 26,721 levels and finally closed 0.65% higher at 26,894 levels.

MCX / Spot Gold Trading levels for the week

Trend: Sideways to Down

S1 – 26,500 / $ 1,163             R1 - 27,100 / $ 1,192


S2 - 26,000 / $ 1,140              R2 - 27,400 / $ 1,205


MCX Silver July as seen in the weekly chart above has opened the week at 37,130 levels and entire the week prices have corrected sharply and made a weekly low of 36,450 levels. This week prices have closed below the previous week’s closing of 37,010 levels and finally closed 1.12% lower at 36,594 levels. Technically prices have formed “Big Bearish candlestick pattern” which indicates further weakness.


MCX / Spot Silver Trading levels for the week

Trend: Down
S1 – 35,800 / $ 15.60           R1 - 37,000 / $ 16.20

S2 - 35,000 / $ 15.20            R2 - 37,800 / $ 16.50


MCX Copper July as seen in the weekly chart above has opened at 383.75 levels and the starting of the week prices rallied sharply and made a high of 391.25 levels. Later on as expected prices could not able to sustain on higher levels and corrected sharply and made a weekly low of 376.80 levels. This week prices closed below the previous week’s closing of 382.55 levels and finally closed 0.48% lower at 380.70 levels. Technically prices have formed “Big Bearish candlestick pattern” which indicates further weakness.


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1 comment:

  1. TODAY Levels - CS SILVER (DEC) OVERVIEW: TREND : SIDEWAYS RESIST 2: 41700 RESIST 1: 41400 SUP1: 40500 SUP2: 40200
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