Wednesday, March 21, 2012

MCX Gold Trend, Tips, Trading Startegy

MCX Gold Trend :- Gold prices  are  witnessed  a  bounce back  from the support at 27700  -750,as 
long as prices are holding above 27700 on closing basis prices are expected to trade positive.

Gold Support and Resistance (Apr) :- S3-27530, S2- 27620, S1- 27700, R1- 27880, R2- 28000, R3- 28115

Crude Oil Trend :- Crude prices are expected to trade within 5340 to 5450.we recommend remain long until prices are holding 5340 on closing basis.oscillators indicating a sideways to down move.

Crude Oil Support and Resistance (Apr) :- S3- 5300, S2- 5340, S1- 5375, R1- 5420, R2- 5457, R3- 5490

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