Friday, August 26, 2011

MCX Copper trend and gold tips

Copper is up trand, Copper trades slightly up in early trades today amid better than expected durable goods orders data from US. Also supporting prices is improving risk appetite and firmness in equities.

Buy gold above 26850 target 26900-26930 stoploss: 26800

Brent crude, which is used to price oil produced abroad, rose 47 cents to end the day at USD 110.62 a barrel in London. trade above 4000 or below 3890


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