MCX Gold:
International Gold climbed 2 dollars from Yesterday s MCX closing price.Gold traded nearly one-month high, rising with other commodities including copper, in anticipation of more stimulus in Japan as U.S. debt talks remain deadlocked and European finance ministers meet in Brussels.
yesterday Gold Closing price 30757.
MCX Gold climbed up due to effect gold import duty hike news.MCX Gold is taking support at 200 days of Moving Average at 30709.Technically MCX gold may possible climb up slightly.Indian Import duty rate hike also positive for Gold.MCX Gold is Buying trend only in intraday. Expectations that the Bank of Japan will deliver bold monetary easing also provided support for buying trend.
MCX Gold Resistance 30870,31045
MCX Gold Support 30592,30480
MCX Silver
Silver also traded higher from MCX closing levels. Silver traded near the highest level in a month and was set for the longest rally in a year.Silver was little changed after advancing for the past six days. If the metal gains today, it would be the longest rally since August 2011.
MCX Silver Resistance 59720,60240
MCX Silver Support 59220,58940
Crude Oil traded higher from Yesterday MCX Closing level. Crude Oil has Resistance at 96.01,once it has break,some jump may expected in Crude oil.
MCX Crude oil Resistances 5173,5188
MCX Crude oil Supports 5136,5112
Copper rised due to improving U.S. economic data expectations that demand from the second-largest user will improve this year.Copper Facing Resistance at 368.5 in U S market
MCX Copper Resistances 440.1,443.2
MCX Copper Supports 438.0,435.2
Related Links:
International Gold climbed 2 dollars from Yesterday s MCX closing price.Gold traded nearly one-month high, rising with other commodities including copper, in anticipation of more stimulus in Japan as U.S. debt talks remain deadlocked and European finance ministers meet in Brussels.
yesterday Gold Closing price 30757.
MCX Gold climbed up due to effect gold import duty hike news.MCX Gold is taking support at 200 days of Moving Average at 30709.Technically MCX gold may possible climb up slightly.Indian Import duty rate hike also positive for Gold.MCX Gold is Buying trend only in intraday. Expectations that the Bank of Japan will deliver bold monetary easing also provided support for buying trend.
MCX Gold Resistance 30870,31045
MCX Gold Support 30592,30480
Yesterday MCX Gold Data Reference/Bhav Copy
MCX Silver
Silver also traded higher from MCX closing levels. Silver traded near the highest level in a month and was set for the longest rally in a year.Silver was little changed after advancing for the past six days. If the metal gains today, it would be the longest rally since August 2011.
MCX Silver Resistance 59720,60240
MCX Silver Support 59220,58940
Yesterday MCX Silver Data Reference/Bhav Copy
Crude Oil traded higher from Yesterday MCX Closing level. Crude Oil has Resistance at 96.01,once it has break,some jump may expected in Crude oil.
MCX Crude oil Resistances 5173,5188
MCX Crude oil Supports 5136,5112
Yesterday MCX Crude oil Data Reference/Bhav Copy
Copper rised due to improving U.S. economic data expectations that demand from the second-largest user will improve this year.Copper Facing Resistance at 368.5 in U S market
Yesterday MCX Copper Data Reference/Bhav Copy
MCX Copper Resistances 440.1,443.2
MCX Copper Supports 438.0,435.2
Related Links:
MCX Live Rates
- MCX Trading with Pivot Levels
- MCX Commodities Weekly Pivot Supports and Resistances for Jan'21
- Commodities Weekly Pivot,Supports&Resistances for Jan'21 in International Market
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