Thursday, April 12, 2012

MCX GOLD, SILVER, CRUDE OIL LEVELS FOR TODAY

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MCX GOLD COMMODITY LEVELS:

Gold commodity prices supported @ 28450 – 480  zone, prices are expected to rise to the tune to  28880  -28910.For the day one can buy on dips around  28520-28480 .oscillators are  heading up, also MACD has witnessed a positive crossover

Resistance – 28610/28695/28810
Support – 28520/28425/28300

MCX SILVER COMMODITY LEVELS :

Silver commodity prices are expected to trade within a broad range from 56400 to 55700, one can buy on dips around 55800 with a stop loss below 55500. Oscillators are in negative territory.

Resistance – 56300/56700/57200
Support – 55700/55500/54800

MCX CRUDE OIL COMMODITY LEVELS:

Crude commodity prices are expected to test 5350  on higher end, one can buy on dips around 5280 with a stop loss below  5217 .oscillators are in negative zone, for intraday heading up

Resistance – 5320 /5350/5385
Support – 5270/5217/5170

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