Technical Views - Commodities 13th June 2011
MCX GOLD1
TREND : We have started witnessing volatility in the movement of gold prices. 22475 and 22620 are the levels where this consolidation will break and we will witness a one side movement
SIGNAL : Use Buy Sell Signals of TDI BS.
MCX SILVER1
TREND : On similar lines of Gold, Silver is also consolidating and the range for the same is 54150 - 56150. the trading plan for today is to buy on signals near the support and sell on signals near the resistance. We will also trade the breakout.
SIGNAL: Use both Buy and Sell signals.
MCX Crude1
TREND : Below 4500 we made some money. For today 4420 - 4450 are the minor support and resistance and 4390 - 4500 are the major levels.
SIGNAL: Use both Buy and Sell signals.
MCX GOLD1
TREND : We have started witnessing volatility in the movement of gold prices. 22475 and 22620 are the levels where this consolidation will break and we will witness a one side movement
SIGNAL : Use Buy Sell Signals of TDI BS.
MCX SILVER1
TREND : On similar lines of Gold, Silver is also consolidating and the range for the same is 54150 - 56150. the trading plan for today is to buy on signals near the support and sell on signals near the resistance. We will also trade the breakout.
SIGNAL: Use both Buy and Sell signals.
MCX Crude1
TREND : Below 4500 we made some money. For today 4420 - 4450 are the minor support and resistance and 4390 - 4500 are the major levels.
SIGNAL: Use both Buy and Sell signals.
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