Gold prices in the global market, edged lower and continued its bearish rally which started
last week and was seen trading near five week low as traders were seen awaiting to know
whether US Central Bank start tapering its monetary stimulus later this year.
Gold futures on India’s Multi Commodity Exchange (MCX) was seen trading slightly
positive and may record a decline during intraday trade tracking a bearish trend in the
global market.
GOLD (5 OCT.) TREND: CONSOLIDATE
RES 1: 30270,RES 2: 30500
SUPP 1: 29620,SUPP 2: 29270
STRATEGY: BUY ON DIPS
SILVER (5 DEC.) TREND: CONSOLIDATE
RES 1: 50400, RES 2: 50950
SUPP 1: 49250,SUPP 2: 48490
STRATEGY: BUY ON DIPS
CRUDEOIL (21 OCT.) TREND: CONSOLIDATE
RES 1: 6880,RES 2: 6950
SUPP 1: 6760,SUPP 2: 6700
STRATEGY: BUY ON DIPS
COPPER (29 NOV.) TREND: CONSOLIDATE
RES 1: 470.00,RES 2: 474.00
SUPP 1: 464.00,SUPP 2: 458.00
STRATEGY: BUY ON DIPS
LEAD (30 SEP.) TREND: CONSOLIDATE
RES 1: 132.50,RES 2: 133.60
SUPP 1: 131.40,SUPP 2: 130.50
STRATEGY: BUY ON DIPS
ZINC (30 SEP.) TREND: CONSOLIDATE
RES 1: 118.60.RES 2: 119.50
SUPP 1: 116.90,SUPP 2: 116.00
STRATEGY: BUY ON DIPS
ALUMINIUM (30 SEP.) TREND: CONSOLIDATE
RES 1: 112.20,RES 2: 113.70
SUPP 1: 110.00,SUPP 2: 109.00
STRATEGY: BUY ON DIPS
NICKEL (30 SEP.) TREND: CONSOLIDATE
RES 1: 895.00,RES 2: 910.00
SUPP 1: 880.00,SUPP 2: 868.00
STRATEGY: BUY ON DIPS
NATURAL GAS (25 SEP.) TREND: CONSOLIDATE
RES 1: 240.50,RES 2: 244.00
SUPP 1: 232.50,SUPP: 228.00
STRATEGY: BUY ON DIPS
Mcx-Tips-Providers 