Monday 11 August 2014

Gold October contact positive, buy sell commodity calls


Gold october contact traded 28600 level while comax gold trade $1307, made high at $1311.51 while low of day is $1304.5.

Resistance and support level : intraday support at 28430/28350/28250 Resistance level at 28800/28890/28931

Advise on gold : buy on dips 28600 target 28650/28700/28750 stoploss 28540

 

gold sell below 28500 then target 28450/28300/28240 stoploss 28630

Silver trend update: mcx silver traded above 43500 level today made high at 43661 and low of day is 43414, silver perfect uptend buy on dips 43450 target 43600/43750/43850 stoploss 43250.

mcx copper trend: mcx copper open at 431 and made low of day at 429.4 high of day at 432.8 , on LME inventory Copper store -900,

Advise on Copper buy at 430 target 433/435 stoploss 428

LME data today: Aluminium -7725, Copper -900, Lead +0, Nickel -48, Zinc +14550, 

 

4 comments:

  1. GOLD (3 OCT.) TREND: CONSOLIDATE
    RES 1: 28800
    RES 2: 29100
    SUPP 1: 28400
    SUPP 2: 28100
    STRATEGY: SELL ON HIGH
    Mcx Commodity Tips Free Trial

    ReplyDelete
  2. Gold prices were little changed as rising global equities, and an apparent easing of tensions over Ukraine and the Middle East Losses in the gold price were kept in check regarding Epic research.

    ReplyDelete
  3. This is good for all traders and reliable for new investors. In time gold market has very fluctuated compare to silver. It fully depends on the economic condition of the market and its movements.!!!!!!!!!!!!!
    Equity tips

    ReplyDelete
  4. Automated Forex Trading :roboforex login Is An Automated Forex Investing Software. It Is An Algorithmic Trading Software That Provides Automated Forex Trading Signals.

    ReplyDelete