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MCX Gold Tips: Gold will stay Positive Today
Gold prices at COMEX rebounded Wednesday to recoup much of Tuesday’s big loss as the reality of the U.S. government shutdown sank in and the debt-ceiling battle loomed on the horizon. Gold also found support following disappointing data on U.S. private-sector employment. Data showed private-sector jobs rose by 166,000 in September, which was below forecasts, and August’s job gains were revised down.
Some physical buyers of precious metals see the recent drop in gold prices as a “huge opportunity, especially in view of the U.S. budget crisis and the impending U.S. debt limit crisis,” And among gold’s supportive factors was “overall safe-haven flows” into assets such as U.S. bonds and the Japanese yen.
Earlier, Gold at international bourses traded near two-month low on Wednesday as the first US government shutdown in 17 years caused investors to sell the precious metal, prompting already jittery traders to believe there could be more liquidation.
MCX Gold Tips
Technically the trend of MCX gold futures is consolidate to bullish and is expected to continue with the trend for the day. we suggest that MCX Gold has a consolidate trend with a strong support at 29750-29820 range and resistance at 30250-30300 range. Buy on dip has been suggested with a stop loss of below 29750.
Evening Bullion Updates and Live MCX Tips For 13th Aug '13
Bullion Updates
Bullion metals recouped to its most elevated in practically two weeks on delicate U.s. data and as possessions on the biggest gold trade exchanged store climbed without precedent in two months. Property in SPDR Gold Trust developed 0.2 percent to 911.13 tonnes on Friday -the first expansion since June 10. However, strength in the DX prevented sharp upside movement in prices. Appreciation in the Indian Rupee prevented sharp upside in prices on the MCX.
The fund has seen in excess of 14 million ounces in surges in the not so distant future, about $19 billion at current costs. Surges from Etfs have had a huge sway on gold, which has lost around the range of 20 percent of its worth in 2013. Moguls have been leaving gold energetic about higher-yielding stocks as the metal's safehaven request has been imprinted by a recouping U.s. economy.
Live MCX Tips
Sell MCX Gold around 29000 with a stop loss placed above 29200 for targets of 28500 Intraday
Buy MCX Silver at 46100 For Positional (2-3 Days) Target of 48200 with a stop loss placed below 45300.
MCX Live Tips: MCX Gold May Show its Strength Today
MCX Gold has Positive Trend Today
The yellow metal prices at MCX seen in a positive frame today. The Gold price gained despite crash in COMEX prices and weak global cues. It was trading around Rs 29000 per 10gm levels.
Indian rupee hit record low at 61.6 levels topped further misfortunes in gold costs. The Indian Rupee depreciated around 0.7 percent in yesterday’s trading session. Desires on that U.s. Central bank will moderate the pace of security buys and as property in the greatest bullion-sponsored trade exchanged item swayed yellow metal costs.
In last trading session MCX gold prices traded on a positive note and gained around 3.7 percent on account of depreciation in the Rupee and closed at Rs.28,923/10 gms after touching a high of Rs.29,049/10 gms yesterday. Today October gold rose to a high of 27966 Rs/10gm as of 01.29 pm IST and is expected t trade negative in near term on weak global cues. Intra-day support is now seen at 27500, 27300 and resistance is at 28000 & 28180.
Live MCX Tips
Buy MCX Aug Copper between 444-445 levels, with stop loss at 441, Target at 450/451
MCX Tips: Commodity Market is bearish Today
Commodity Market is bearish Today
As the currency updates suggest that Rupee open on a weaker note today against the US dollar. All commodities are also following the same trend now. Talking about bullion Gold silver both are looking down for intraday trading. MCX gold has crossed its support level at 27700 level. While silver has checked 41000 level today. Talking about base metals all are trading in red. Silver is trading sideways to bearish and traders are advised to book profit in narrow range for the day.
MCX Tips and Calls
MCX Gold Tips: Sell below 27550 level with a stop loss at 27700 levels for targets of 27100.
MCX Silver Tips: Sell at 40900 level for the target of 40000 level with a stop loss above 41500.
Crude Oil Call: Sell crude oil below 6450 with a stop loss at 6520 level for targets of 6340.
MCX Copper Call: Sell MCX Copper at 428 for the target of 424 level with a stop loss at 431.
MCX Tips with Copper Updates: Buy MCX Gold
MCX Gold Tips
The Current MCX Gold trend suggest that prices have reversed after touching the initial level of 28200. RSI is in a sell mode. Our technical expert suggest that prices to correct up to levels of 27500. Over all here is a consolidate to bearish trend for MCX Gold. MCX Gold Tips: Sell MCX Gold Oct around 27900 levels for the target of 27500 level with a stop loss above 28200 level.
Copper Updates
Technical chart of Copper suggest that copper prices have get the initial resistance level of 430. Still RSI is in a buy mode. We expect prices to go up to levels of 440. MCX Copper bullish further buying expected till 438 level.
MCX Premium Tips For Gold and Silver
MCX Premium Gold Tips
A spot gold cost expanded by 0.21 percent on Friday on the once more of shortcoming in DX. Further, frail US Non-Farm Payrolls information underpinned price to exchange green. Nonetheless, blended worldwide market conclusions as well as the decrease in SPDR gold trust possessions topped sharp climb in the Price. In the Indian Markets, gold costs climbed by 0.48 percent taking signals from Intl spot gold costs. Further, deterioration in the Indian Rupee underpinned costs to exchange on positive note. Gold costs touched an intraday High of 28173/10gms and shut at 28068/10gms.
We expect that spot gold costs will exchange on the positive note on the once more of shortcoming in Dollar Index (DX). Further, unacceptable Non-ranch Payrolls information and Factory Orders information from US blur the desire around the speculators that the US Federal Reserve might begin trimming bond purchasing programme soon on current status while we have an bullish trend we suggest to Buy MCX Gold on lower level to get Premium profit as MCX Premium Gold Tips
MCX Premium Silver Tips
Spot Silver costs expanded by 1.63 percent on Friday taking signals from climb in spot gold costs coupled with upside in the base metals packs. Further, shortcoming in DX as well as the decrease in US Unemployment rate backed costs to exchange green. In the Indian Markets, silver costs climbed by 1.51 percent taking signals from Intl spot silver costs. Further, deterioration in the Indian Rupee backed costs to exchange on positive note. Silver costs touched an intraday high of 42600/kg and shut at 42034/kg.
We expect that spot Silver price will exchange on the positive note on the back of shortcoming in DX. Further, unacceptable Non-ranch Payrolls information and Mill Orders information from US blur the desire around the expert that the US Federal Reserve might begin trimming bond purchasing programme soon. this may enactment as a positive element for the costs. Furthermore, desire of positive investment information from UK and Euro Zone might back costs to exchange green.As the MCX gold trend is going on upside Silver may also get a bull trend in near future. We suggest to Buy Silver on lower levels as MCX Premium Silver Tips.
Commodity Trend and Updates and MCX Gold Tips For Today
Commodity Updates and Trend Today
Due to Dollar strength Gold prices declined in the international market. COMEX gold is trading 1.5 % lower at $1292 from its previous close. However, due to weakness in Indian rupee MCX Gold price are down in the domestic market. MCX gold is trading around 27900.
In MCX, Gold trend is looking consolidate to bearish. Might get more bearish after getting 27790 level and may fell to 27400 level today. We suggest to sell MCX Gold on higher level.
Silver is also trending weak on technical charts. With a loss of 1.34 per cent on MCX, silver is trading below Rs 41000. However, COMEX Silver is up by 1 % and is trading at $ 19.5.
MCX Gold Tips
In MCX, Gold trend is looking consolidate to bearish. Might get more bearish after getting 27790 level and may fell to 27400 level today. We suggest to sell MCX Gold on higher level.
Silver is also trending weak on technical charts. With a loss of 1.34 per cent on MCX, silver is trading below Rs 41000. However, COMEX Silver is up by 1 % and is trading at $ 19.5.
Crude oil futures on India's Multi Commodity Exchange (MCX) for August delivery hit its highest in 2013 on Friday amid positive global cues. The trend in MCX crude oil is bullish and is seen trading with high volatility MCX crude oil for August delivery was seen trading up by 0.99% at Rs.6621 per barrel as of 10.18 AM IST on Friday. Base metals showing a mixed trading momentum. Copper has dropped down to Rs 425. Aluminum is down by 0.2%. Nickel is also some strength. Lead and zinc are dull.
Copper Updates With Silver Trend : MCX Tips Today
Copper Updates
The trading pattern in copper futures for August delivery on MCX is unstable and brokers are encouraged to remain wary while taking positions for the day. Devaluation of Indian Rupee against US Dollar was seen topping the decrease in the base metal price to certain degree in the local market on Tuesday. As of now Indian Rupee deteriorated by 0.86% against US Dollar.
For intra-day, resistance for the Copper is seen at 412.5 and 416 levels while support levels are seen at 409 and 406. MCX copper for August conveyance was seen exchanging up by o.17% at Rs.411.55 for every kilogram starting 03.02 PM IST on Tuesday. Copper futures for September delivery on Globex stage of COMEX was seen exchanging around 0.67% at $3.087 for every pound starting 03.16 PM IST on Tuesday.
Silver Trend Today
Since May, MCX Copper has formed a pullback rally. It has retraced 61.8% of the previous fall and at that key Fibonacci level copper has formed a distribution since the last few weeks. In terms of the price pattern, it has formed a distribution triangle and has broken out on the downside recently. Thus, the red metal can be considered to have resumed with the larger downtrend. The daily momentum indicator has triggered a bearish crossover. The short-term targets on the downside will be 393.30 and 390. The reversal can be tightened to 416 on a closing basis.
MCX Tips Today
MCX Gold Tips: Sell around 28200 with a stop loss of above 28500 for targets of 27700.
MCX Silver Tips: Sell below 41000 with a stop loss at 41600 for targets of 40000.
Crude Oil Tips: Buy above 6230 with a stop loss placed below 6180 for targets of 6320.
MCX Tips and Call Today with Commodity Updates
Commodity Updates
Gold price universally are prone to climb as a weaker dollar can back costs. Then again, moderating request from India and proceeded surges from ETF's can keep costs in reach.
We anticipate that Crude oil costs will venture out in front of inventories information and US corporate profit without much fanfare.
Base metals are relied upon to go up on desires of additional changes by China in its duty to depend less on fares and ventures and depend progressively on utilization driven development. In any case, moguls might remain wary in front of China, US and Euro assembling PMI information tomorrow
MCX Tips and Call for Today:
MCX Copper Tips: Buy MCX Copper by maintain a stop loss for this trade at Rs 416 for a target of Rs 422.
Crude Oil Call: Sell MCX crude and keep a stop loss for this trade at Rs 6550 for a target of Rs 6390-6350.
MCX Gold Tips: Hold MCX gold with a stop loss of 27800. For More Please Fill Free Trial Form.
COMEX Gold Silver Updates: MCX Gold Tips Today
COMEX Gold Updates
After the close vertical fall in April, gold had taken back close to the enduring climbing trend line. It consolidated there for numerous weeks, which took manifestation of a triangular example. The example broke out on the downside and the value tumbled sharply. It accomplished the fairness focus on the downside and the value has begun moving higher. The every day force marker is indicating a positive disparity and has triggered a bullish hybrid. In this manner, the yellow metal is relied upon to climb work $1,380-$1,400. An inversion has been kept up at $1,207.50.
COMEX Silver Updates
Silver has been falling in a channelised way since the most recent not many months. It has structured a channel inside a way. On the downside, the white metal split through different past lows and arrived at the more level end of both the channels. It has attained the medium-term fairness focus on the downside. The every day energy pointer is indicating a positive uniqueness and has triggered a bullish hybrid. Subsequently, unless the swing level of $18.64 breaks, the white metal is relied upon to show a plunge recuperation. The crux level on the upside is at $21.50.
MCX Gold Tips
The trend in gold futures for August delivery on India's Multi Commodity Exchange (MCX) is positive and the yellow metal is expected to continue with the trend for the day. For intra-day, resistance for the commodity is seen at 27400 level while support is at 26700 and 26500 levels. Traders may buy at lower levels. MCX gold for August delivery was seen trading up by 1.60% at Rs.27131 per 10 grams as of 02.24 PM IST on Monday. We suggest to Buy MCX Gold for intraday trading on lower levels.
17 July Evening Commodity tips for today | Live trading metal tips and MCX commodity updates and MCX chart
Gold moved on Wednesday yet stayed close to a three-week high, as the dollar picked up in front of distinctly anticipated congressional confirmation by US Federal Reserve Chairman Ben Bernanke later in the day. Bullion costs have exchanged a tight extend in the course of the final not many sessions as moguls held once again on huge wagers in front of the confirmation, which they trust will give a reasonable standpoint with respect to the Fed's USD 85-billion month to month bond buys.
The trend in crude oil futures for July delivery on MCX is looking in a range bound of 6100-6400 for this month. Today also it is trading at 6252 up by 10 points. For today crude oil has a strong resistance at 6300 level. Break out of any of the sides of the range is expected to give clear direction to the commodity prices.
Technical Levels For MCX Gold
MCX Gold has now modified support level at 26000 and 25700 for today on the other side if gold rally upto the 26700 level then it may get 27000 level today.
MCX Calls
MCX Gold: Sell around 26550 levels with a stop loss placed above 26700 levels for targets of 26000.
MCX Copper: Sell around 416 levels for targets of 405 with a stop loss placed above 421.
MCX Natural Gas: Buy around 218 levels with a stop loss placed below 215 levels for targets of 225.
NCDEX Updates: Commodity Tips Today: Sell Gold Silver on High
NCDEX Updates
The trend in turmeric August futures conveyance on NCDEX is extent bound and 5800-6050 is the possible go for the commodity. Then again, the Commodity may witness short covering at current levels. Break out of any of the sides of the reach 5800-6050 is expected to give clear trend to the ware costs. NCDEX turmeric for August conveyance was seen exchanging around 0.8% at Rs.5984 for every 100 kgs starting 10.59 AM IST on Tuesday. Turmeric spot costs neglected to record an up-tick on Monday because of quelled request. Turmeric arrivals in Erode and Nizamabad spot markets were around 2500 packs (1bag=70kgs) and 2000 sacks, separately.
Commodity Tips
MCX Gold: MCX Gold Aug futures trend seems weak on technical chart intraday traders can sell MCX Gold on rise. A strong support range is seen in range of 26300-25900. On upside resistance range is seen at 26600-27200. We advised to Sell MCX Gold on Higher levels.
MCX Silver: As the Bullions are looking weak today, MCX Silver Sep. futures is also looking bearish, Intraday traders can sell on dips Major support is seen in range of 40800-39800. While resistance is seen near 41500-42300. We suggest to sell Silver on High as today's Commodity Tips.
Gold Updates: MCX Goldguinea August Contract Trades Firm
Gold Updates
Rising costs and the drop in gold prices in first quarter have already put some gold miners in the uncomfortable position of having to consider hedging production. When prices dipped to the $1,320s area, it started to come close the marginal cost of production plus sustaining capital expenditures, called all-in costs. Estimates of those costs range between $1,200 and $1,300.
So on average, how much did it cost in total to dig up an ounce of gold? The answer is it depends on companies mining in different region of the world. Mining in Canada is much more cost efficient than mining in South America.
MCX Goldguinea Trend
MCX GOLDGUINEA July contract is trading with a gain of 0.47% at Rs 20951 up by Rs 97. It has got the intraday high of 20999 in early session of today's trading. Till now 3437 contracts have been traded. GOLDGUINEA prices have moved down Rs 530, or 2.47 percent in the July series so far.
MCX GOLDGUINEA August contract was trading at Rs 21031 up Rs 83, or 0.40 percent. The GOLDGUINEA rate touched an intraday high of Rs 21080 and an intraday low of Rs 20981. So far 541 contracts have been traded. GOLDGUINEA prices have moved down Rs 675, or 3.11 percent in the August series so far.
Crude Gold Silver are Bullish, Commodity Expert Suggestion: MCX Calls Today
Crude oil has recovered strongly. MCX crude oil has gone beyond Rs 6,100. Indeed, even today, crude oil in the international market has grown rapidly. Weakness in the rupee has got support from domestic crude oil. The deepening political crisis in Egypt NYMEX of crude oil has reached the upper end of 14 months. The MCX crude oil is trading at Rs 6105 with 3 per cent, While natural gas has risen 0.5 per cent higher at Rs 220.
Rupee weakness in the domestic market help gold to cure up about 0.5 per cent in today's trading. In the international market Gold has been extremely sluggish today, while MCX silver has gone up by 1 percentage. Notably in the U.S. non-farm payroll data this week is expected. MCX Gold is currently trading at Rs 26184 and silver is trading at Rs 40505.
Weak rupee has recovered strongly in the base metal, while Antrrrashtryy market is idling. With 1.5 per cent on MCX Copper is trading above Rs 423. Aluminum 1 per cent, 0.8 per cent nickel, 0.9 per cent lead and zinc gained 0.75 per cent. The ECB is meeting on Thursday on the London Metal Exchange is idling. MCX due to weakness in the rupee on edge all the metals are traded.
MCX Calls For Today
- MCX Gold (August Futures): Buy - 26190, stoploss - 26100 and the target - 26350
- MCX Silver (Sept Futures): Buy - 40700, stoploss - 40400 and Target - 41100
- MCX Crude oil (July Futures): Buy - 6130, stoploss - 6090 and target - 6200
- MCX Copper (August Futures): Buy - 422, stoploss - 419 and Goals - 426.5
Tag :
MCX Crude Tips,
MCX Gold Tips
MCX Tips Today: Bullion Updates with Gold Silver Tips
Bullion Updates
On Domestic market Gold has shown its strength on Monday. Gold futures pushed higher for a last session on Monday, proceeding a bounce back from close to three-year lows as some saw the metal's droop as a great purchasing chance. The most actively exchanged contract, for August was as of late up $12.70, or 1%, at $1,236.40 a troy ounce on the COMEX division of the New York Mercantile Exchange
MCX Gold Tips
The current trend for MCX gold futures is looking weak on technical charts even after last bullish session. Traders are sell their current position. We think that gold may see a down side again. Intraday traders can sell MCX gold for today. MCX Gold has strong resistance level at 26150, 26385 and 26560. While support levels are looking in range of 25820-25620-25450.
MCX Gold Tips: For today we suggest to sell MCX Gold on 26150 for the target of 25800 level with SL above 26280.
MCX Silver Tips
Mcx Silver Sep. futures contract is looking frail on outline, day traders can Sell Silver on higher levels. Major Support is seen in extent of 40700, 40200 and 39600 levels. While significant support is seen near to 41700, 42400 and 43100 levels.
MCX Silver Tips: Day traders can Sell Silver on 41700 level for Target of 40700 and 40200 with stop loss at 42400
MCX Gold Silver Trading Tips For Today
MCX Gold Tips Today
Gold climbed on Thursday as the European Central Bank cut its premium rate without precedent in 10 months, certifying the metal's expansion fence claim a
day after the Federal Reserve said it might keep up its bond buys to goad development. Specialized outline of Gold prescribe that costs have turned around in the wake of taking underpin of 26400 levels. Rsi is in a purchase mode. We need costs to head off up to levels of 27400. MCX Gold Tips is to Buy Gold around 27050 levels with a stop misfortune set beneath 26900 levels for focuses of 27400 levels.
MCX Silver Tips Today
Silver in India will move in a reach as a stronger rupee after Rbi strategy meet which is needed to cut rates by 25 bps can hold costs within proper limits. Silver possessions of ishares silver trust, the biggest Etf supported by the metal, declined to 10,431.39 tons, as on May 3. Silver costs have switched in the wake of taking back of 43500 levels. Rsi is in a purchase mode. We want costs to head off up to levels of 45800. MCX Silver Tips is to Buy around 45000 levels with a stop misfortune set underneath 44400 levels for focuses of 45800 levels.
