MCX GOLD COMMODITY:
Today Gold prices are witnessing a range bound from 29100 to 29500, one can trade with gold commodity
within the range. Expected levels for today's Gold Commodity should be
Gold Resistance Levels -29170/29298
Gold Support Levels -28930/28750
MCX SILVER COMMODITY:
Silver prices are likely to trade positive in today's commodity market and witness 53300 – 54450 on higher end. One can trade within the range today with silver commodity. Expected silver levels should be
Silver Resistance Levels -54700/55250
Silver Support Levels -53700/53300
MCX COPPER COMMODITY
Copper prices could witness selling pressure in today's commodity market if it sustains below the upward sloping trend line at 422.50 to the tune of 418 -417. A breach below 417 should confirm the momentum to continue bearish. We can expect the following levels for copper commodity
Copper Resistance Levels -421/424
Copper Support Levels -417/412
MCX CRUDE COMMODITY
Crude prices have given a break down, one can sell crude commodity around 4890 -4900 for the target at 4780 -4750. Oscillators are in over sold zone hence aggressive selling not advised for today's crude commodity. Levels for crude should be followed for today are
Crude Resistance Levels -4930/4970
Crude Support Levels -4845/4750
Today Gold prices are witnessing a range bound from 29100 to 29500, one can trade with gold commodity
within the range. Expected levels for today's Gold Commodity should be
Gold Resistance Levels -29170/29298
Gold Support Levels -28930/28750
MCX SILVER COMMODITY:
Silver prices are likely to trade positive in today's commodity market and witness 53300 – 54450 on higher end. One can trade within the range today with silver commodity. Expected silver levels should be
Silver Resistance Levels -54700/55250
Silver Support Levels -53700/53300
MCX COPPER COMMODITY
Copper prices could witness selling pressure in today's commodity market if it sustains below the upward sloping trend line at 422.50 to the tune of 418 -417. A breach below 417 should confirm the momentum to continue bearish. We can expect the following levels for copper commodity
Copper Resistance Levels -421/424
Copper Support Levels -417/412
MCX CRUDE COMMODITY
Crude prices have given a break down, one can sell crude commodity around 4890 -4900 for the target at 4780 -4750. Oscillators are in over sold zone hence aggressive selling not advised for today's crude commodity. Levels for crude should be followed for today are
Crude Resistance Levels -4930/4970
Crude Support Levels -4845/4750
