June 27, 2011

MCX Live Rates Report Daily for 27 June | MCX India Live Tips for 27 June

Bullions report for Gold prices is slumped and the dollar gained almost 1 percent for the week making dollar position strong at market platform. Copper ends up 1 pct on China demand optimism and Brent crude prices fell 2 percent on Friday. Dollar index strengthens, helps pressure crude oil. Gold prices slumped for a second day on Friday to conclude its worst week in eight, crashing through key technical supports, as investors shed riskier assets and bought the dollar. The dollar gained almost 1 percent for the week versus the euro on worries that Greece's parliament will not approve a package of austerity measures next week. Copper rose to a one-week high on Friday after better than-expected economic data from the U.S. and Greece's deal with international lenders lifted equity markets and risk appetite. Brent crude prices fell 2 percent on Friday as Europe's debt problems and a dollar index rebound extended oil's decline a day after consuming nations announced they were tapping strategic reserves.
•Trend:  Consolidate
•Strategy: Buy on dips
• R2 - 22570
• R1 - 22380
• S1 - 22080
• S2 - 21850

•Trend : Consolidate
•Strategy: Sell on high
• R2  - 4270
• R1  - 4180
• S1  - 4050
• S2  - 3970
Related Posts Plugin for WordPress, Blogger...
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


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.