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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MCX Updates|Commodity Tips Free|Gold,Silver,Copper,Crude Trend

Union budget today will drive markets today and the result of budget today will effect the share market as well as commodity market today. MCX updates today includes that MCX gold may trade higher on Friday and investors can take a technical buy position in the metal. MCX gold April contract opened higher on Friday at Rs 27725 after closing at Rs 27704 on Thursday

MCX Gold Support and Resistance :- MCX gold April support Rs 27434/Rs 27582, resistance 27852/Rs 28000

Gold Trading Tips :- Intraday trading strategy for MCX gold today is :-

Buy MCX Gold April between 27600-27570, SL 27400, Target-27840

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