May 31, 2011
MCX Gold Technical, MCX Silver, Ime Base Metals Technical Analysis 31 May
GOLD PRICE:
The Gold Price bias expect to trade inside the range of 22557-300 with mild negative bias. Either the side breakout would suggest fresh sustainable moves later. Read More...
GOLD (JUNE) MCX:
R3 22879
R2 22642/740
R1 22539/580-600
Pivot 22480
S1 22401/22332
S2 22261/210/150
S3 22085/21990
Trend: Consolidate
Near Term showing uptrend.
SILVER PRICE:
The Silver Price bias expects a rise towards 57932/58500 followed by a consolidation and a downward near term. It would be required to close above 59100 to suggest further rallies. A dip lower below 55801 may be a signal of weakness.
SILVER (JUNE) MCX
R3 62410/64501
R2 58899/60150
R1 58010
Pivot 57460
S1 56800/55900/ 55012
S2 53800/53000
S3 52300/51000
ZINC PRICE:
The Zinc Prices break above 102.84 for the continuation of uptrend for the day. Zinc Price may be expected show inability to hover above 102.84 may see a mild correction towards 100.15. In zinc prices broad weakness is seen and it is for a consistent trade below 98.35 levels.
ZINC (May) MCX
R3 108.75/110
R2 104.12/105.89
R1 103.50
Pivot 102.12
S1 99.45/98.10/97
S2 97/95/92.50
S3 91-90 http://www.capitalvia.com/free-trial.html?kwcv=CAM134
Get excellent Free Tips through SMS of 89.55% accuracy on MCX Gold Tips | Silver Tips for Today| Tips on Buying Silver| MCX Silver Tips for Today| Gold tips and Silver Tips| Copper Updates| MCX Online Tips| Gold Live Price for India | Precious metals |Commodity live Tips | Commodity Prices| MCX NCDEX Tips| Live MCX Tips
Google Translator
Disclaimer
This commodity blog is solely intended to give commodity recommendation over commodities, MCX Live Tips, Bullion Tips, Gold Tips, Silver Tips and we are not responsible for any loss. All readers must accept responsibility on their own for using commodities tips.