July 12, 2012

MCX Gold Silver Copper Tips 12 July

MCX gold is trading in a uptrend and is advised to buy as gold now gained momentum in the trading session and gold prices are at gain of 0.07 %. For MCX gold Aug Intraday support and resistance levels are as follows the gold mcx is expected to find resistance near 29400 / 29660/ 29780 levels. while the support for gold mcx will be 29200 followed by 28980 / 28700 / 28000. The silver trend suggest that prices are trading near the crucial support of 52400 levels. We expect prices to go up to levels of 53100. 

MCX Copper is trading at bearish node and is advised to sell mcx copper and the current trend for mcx copper suggest that prices are trading near a crucial resistance of 424. MCX Copper expect prices to correct up to levels of 418.

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