September 03, 2012

MCX Commodity Tips | Bullion Trend

MCX Gold prices likely to come down towards 31150 / 31000 levels while gains remain capped under 31400. Further up moves are expected only on a close above 31400 with thick volume. In mcx silver selling pressure is in order as long as prices restricted to move above the immediate resistance of 63200. On a short term basis turn around points are seen at 63500 and 58100 levels. In mcx copper is trading with 431 - 426 levels with mild negative bias. 

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