January 12, 2012

MCX Tips Gold Crude Tips for Today

MCX Gold (Feb) contract is trading in a consolidate trend for today session as gold is hovering in positive territory, for later sessions we expect prices to continue the present buying sentiments towards 27800/880 initially then to 28000 region for swing lower. For MCX Crude the market is consolidate trend for today's session but in near term prices increase supported by strong volumes could see a rise initially towards 5295 followed by 5330.

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