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Aug 24, 2011

MCX GOLD|MCX SILVER |MCX COPPER TIPS 24 august

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MCX GOLD TIPS 24 august

:-The Gold is in perfect uptrend .Currently Gold is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Gold Cautious point is buying at higer levels seems decreasing. The Gold is now trading in highly overbought level. The Gold is now trading in highly overbought level. The oscillator is showing BUY signal For short term Gold is in HOLD LONG position.

MCX SILVER TIPS 24 august :-

The Silver is in perfect uptrend .Currently Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Silver. The oscillator is showing BUY signal For short term The current position is BUY .
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MCX COPPER TIPS 24 august :-Overall trend of the Copper is bearish for medium-long term .Currently Copper is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Copper if it close above420 or buy with strict stop at 385. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position

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