August 18, 2011

MCX Market for 18 Aug | MCX Online News 18 Aug

Gold prices is settled near to record highs at COMEX as well as MCX and again moving close to at $1,800 per ounce at COMEX. The MCX Gold record highs at tomorrows trading session is at  26,432 levels for MCX gold (Oct) contract. The MCX (Oct) gold mini is at  26,320 levels. The Crude Oil as for futures market closed at 1% high. Silver price are increased to 9,727.1 tons, as on August 17.

MCX Technical Recommendation 18 Aug
Commodity    Strategy    Levels     Target 1    Target 2   Stop-Loss   Trend* 
Gold (Oct)        Buy      Above 26460    26530       26620      26410          Up 
Silver (Sept)    Buy      Above 60520    60800       61100      60420     Sideways 
Copper (Aug)  Sell      Around 406       403           400         407.6       Sideways 
Aluminum (Aug)Buy    106.5-106.8     107.9         109        106.2         Down 
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