Monday 16 December 2013

commodity trading tips 16 December, Evening moment in mcx


Evening moment in commodity like down trend , international market look in pressure before Fed meeting result, Tapering in QE3 package decrease investment in gold silver while in mcx gold traded at 28950 level with loss of 457 point, rupee close strong than dollar at 39 paise it also factor to decrease commodity prices.
Evening trend: 
sell gold above 29150 target 28800,28700 stoploss 29300
sell silver above 44300 target 43800 stoploss 44600
sell natural gas above 263 target 260,258 stoploss 266


4 comments:

  1. COMMODITY TIPS FOR TODAY
    BUY GOLD (FEB) ABOVE 28980 TG-29010/29050/29100 SL-28940 (CMP-28965)
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  2. Today’s trends for commodity
    GOLD (5 FEB.) TREND: CONSOLIDATE
    RES 1: 28800
    RES 2: 29000
    SUPP 1: 28250
    SUPP 2: 28000
    STRATEGY: SELL ON HIGH
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  3. GOLD TRADING TIPS FOR TODAY
    SELL GOLD (FEB) BELOW 28350 TG-28320/28280/28230 SL-28390 (CMP-28370)

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