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May 23, 2012

COMMODITY TIPS FOR TODAY TRASING

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N.GAS BUY come 148 to 147.50 sl145 t 151.50 153
SELL GOLD NON STOP AT CMP 28986 SL 29097 TARGET 28855-28730
SELL CRUDEOIL NON STOP AT CMP 5119 SL 5139 TARGET 5090-5040
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Mar 28, 2012

Gold Updates

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Gold slipped below USD 1,680 an ounce on Wednesday, as investors awaited more trading cues from US data after recent hints from the US Federal Reserve chairman on more stimulus propelled bullion to a two-week high near USD 1,700 in the previous session.

After defending very low interest rates and triggering a rally in bullion prices earlier in the week, Ben Bernanke cautioned it is too soon to declare victory in the US recovery and said the Fed would take no options off the table on further action to stimulate growth.

Expectations of further monetary easing buoyed sentiment in gold, which benefits from a higher inflation outlook should more quantitative easing be launched.
"Bernanke was highlighting his uncertainty about the sustainability of the recent uptick in the US data," said Jeremy Friesen, commodity strategist at Societe Generale in Hong Kong.
"It is negative for the dollar and positive for expectations on stimulus, both of which should work in the advantage of gold."

Americans were more worried about inflation in March than at any time in the last 10 months and consumer confidence waned in the wake of higher gasoline prices, but their view of their present situation rose to the highest level since September 2008.

Spot gold eased USD 3.05 an ounce to USD 1,676.99 an ounce by 0611 GMT, after falling more than half a percent in the previous session.
US gold fell USD 7.80 an ounce to USD 1,677.10 an ounce.

Investors will closely watch data from the United States for the rest of the week, including February durable goods orders later in the day, weekly initial jobless claims on Thursday, February personal income and spending, March Chicago PMI and University of Michigan March sentiment readings on Friday.

SocGen's Friesen expected the US data to take a turn for the worse in coming months and the Fed to eventually adopt more monetary easing to stimulate growth.

SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, said its holdings edged down 0.16% to 1,286.62 tonnes by Tuesday, after gaining 6 tonnes, or half a percent, in the previous session.
In other markets, Asian shares drifted lower on Wednesday, after rallying the previous session on hopes for further stimulus from the Fed, as investors waited for more clues on the state of the US. economy.
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Mar 22, 2012

MCX TODAY

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COPPER TRADING LEVELS FOR MORNING SESSION S1 427 , S2 423 , S3 419 R1434 , R2 438 , R3 442
MCX SILVER:- hold silver sell position today mega blood bath expected
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Mar 9, 2012

SILVER PRICE IN INDIA TODAY

SILVER PRICE IN INDIA TODAY

GOLD 28048 /28050 IS HUGE RESISTANCE, AS MANY DAYS TOUCHED AND CAME DOWN FROM THAT LEVELS, TODAY IF SUSTAIN FEW MIN.ABOVE 28050 WE CAN GO LONG IN APRIL FUTURES.
DO NOT MISS: BUY SILVER 58930 T 59200-59500 SL 58750

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Mar 7, 2012

MCX TIPS ON SILVER 7 march

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sell silver cmp s/l 58200 tgt 57488-300-56800 silver down hai my advice only sell silver\
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Mar 6, 2012

COMMODITY TIPS TODAY 6 march


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SILVER INTRADAY LEVELS: RESISTANCE AT 59331-58674 SUPPORTS AT 57085-56153.
GOLD INTRADAY LEVELS: RESISTANCE AT 28224-28086 SUPPORTS AT 27837-27726.
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Feb 12, 2012

BULLION MCX TIPS

BUY GOLD 28500 SL 28470 TRGT 28620 28700

COMEX GOLD UPDATE, BULLION MCX TIPS
WEEKLY MAJOR SUPPORT AND
RESITENCE LEVEL FOR GOLD,
SILVER, CRUDE

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GOLD TREND TODAY

Gold has traded in a range
last week from 1706 to 1766$
these are resistance support
this week either side breakout
will decide the fate of gold.
if sustain 1766$ and close
above this level than gold may
trade higher till 1790-1810 and
more
if gold sustain and close below
1706$ than we are going
towards till 1690-1670$ and
more after that

SILVER TREND TODAY

Silver a stiff weekly resistance
at 35.20$ if this level sustain
and silver price manage to
close above this level than we
can see silver price flying till
36-37$
a good support now at 32.70$
if silver price sustain below
this level and manage to close
below this level than we can
see silver melting till
31.50-30$ and more

CRUDE TREND TODAY

Crude oil price has a stiff
weekly resistance at 104$ only
… so till than it does not close
above this level we do not see
any major buying in crude oil .
if it does cross above this level
than 107-110$ in some days
only
a good support now at 95$ if
crude oil manage to close
below this level than we can
see crude oil trading till 93$
and even more after that