Technical Views - Commodities 5th July 2011
MCX GOLD1
TREND : As the US markets were closed we saw flat trading in Gold.Though our expectations remain the same as yesterday. A pull back rally till 21900.
SIGNAL : Use buy and sell signals of TDI BS
MCX SILVER1
TREND : As there were no major moves yesterday the same levels hold today too. For today 50375 will act as resistance and 49650 as support.
TREND : As the US markets were closed we saw flat trading in Gold.Though our expectations remain the same as yesterday. A pull back rally till 21900.
SIGNAL : Use buy and sell signals of TDI BS
MCX SILVER1
TREND : As there were no major moves yesterday the same levels hold today too. For today 50375 will act as resistance and 49650 as support.
SIGNAL : Use buy and sell signals of TDI BS
MCX Crude1
TREND : 4190 - 4300 are the levels for today again. Buy at the lower range and sell around the higher range.
SIGNAL : Use buy and sell signals of TDI BS
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