Friday, August 12, 2011

MCX copper trend and tips for 12 August

Commodity market opened positive COMDEX opened at 3411.21 and MCXMETAL opened at 4740.90 MCXENERGY opened at 2740.58
Today base metal is good for trade copper is in perfect uptrend you can buy copper and target 407.50.
Crude oil:
Benchmarke WTI oil gained USD 2.83, or 3.4%, to finish at USD 85.72 a barrel. crude rose USD 1.34 to finish at USD 108.02 per in london.crude oil is perfect uptrend.
Gold tips:
gold is in prefect uptrend trader can buy gold above 26470 target 26600-26650


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