GOLD AUGUST -
MCX Gold Aug as seen in a week ago made a high 28837, later costs dropped dramatically towards 29446, which is near to powerful assistance level and lastly handled to shut at 296628.
For this week: We expect in this weeks time Gold cost to find assistance 29300-29400, provided that keep this stage up-move to proceed, higher-level level of resistance 29700, business and continual above it will shift towards 29800-30100.
SILVER SEPT -
MCX July price the other day lastly split significant assistance level 54100 and made a low 51910, which indicates short-term pattern is bearish and offer on increase stratregy.
For this week: Small trading variety and assistance 52800 and level of resistance 54100-54500 observe out.
COPPER JULY -
Last week it was a small trading range between 434 to 424 range and find some support at lower level.
For this week: We expect up-move to proceed in this commoidty and deccline to purchasing chance. We may consider assistance 418-420 variety and crack and business below further weak point up to 411 whereas the purchasing chance. Higher-level stage of resistance 436-441 to look at out.
CRUDE JULY -
MCX Crude July price seen sensible recovery from a week ago and continue follow-up purchasing led to it making a high 4898 and lastly shut at 4731.
For this week: We may consider level of resistance 4910-4920 and assistance 4720 observe, once crack and business below donw part likely.
MCX Gold Aug as seen in a week ago made a high 28837, later costs dropped dramatically towards 29446, which is near to powerful assistance level and lastly handled to shut at 296628.
For this week: We expect in this weeks time Gold cost to find assistance 29300-29400, provided that keep this stage up-move to proceed, higher-level level of resistance 29700, business and continual above it will shift towards 29800-30100.
SILVER SEPT -
MCX July price the other day lastly split significant assistance level 54100 and made a low 51910, which indicates short-term pattern is bearish and offer on increase stratregy.
For this week: Small trading variety and assistance 52800 and level of resistance 54100-54500 observe out.
COPPER JULY -
Last week it was a small trading range between 434 to 424 range and find some support at lower level.
For this week: We expect up-move to proceed in this commoidty and deccline to purchasing chance. We may consider assistance 418-420 variety and crack and business below further weak point up to 411 whereas the purchasing chance. Higher-level stage of resistance 436-441 to look at out.
CRUDE JULY -
MCX Crude July price seen sensible recovery from a week ago and continue follow-up purchasing led to it making a high 4898 and lastly shut at 4731.
For this week: We may consider level of resistance 4910-4920 and assistance 4720 observe, once crack and business below donw part likely.
