MCX Gold silver tips tips for this week(5-10 Sep)

Gold tips:
COMEX Gold is in an upward phase. For the next week traders can use buy on lower level strategy if MCX Gold sustains above 28300 it can test the level of 28550/28750/28900.Trade by keeping the strict stop losses.
Major support in MCX Gold is 26500 and 25200
Major resistance in MCX Gold is 28500 and 28900

Silver tips:
For the next week traders can use buy on lower level strategy if Silver sustains above the level of 62000 above it can test the level of 66500/67500/68500 and above 69000 it can test the level of
70500. Trade by keeping the proper stop losses.

MCX gold silver trend for 4 August

Commodity market opened positive COMDEX opened at 3507.28 and MCXMETAL opened at 4777.42 MCXENERGY opened at 2913 .65.

The Silver is in perfect uptrend, silver in buy position silver touch 61690 levels trader can buy silver target is 61790-61900 and stoploss is 61670.It is looking bearish in the coming trading session if it manages to trade below the support level of 58800 in October contact.

gold is also is is perfect uptrend trader can buy gold on dip. It is looking bearish in the coming trading session if it manages to trade below the support level of 23728 in October contact.

MCX Bullion and Copper tips

Commodity market opened positive COMDEX opened at 3540.96 and MCXMETAL opened at 2843.22 MCXENERGY opened at 3046.46 after thursday closed on 3043.10.

Copper trend up ward buy to dip.
BUY Copper above 434.30
Taget: 438.50-441
Stoploss: 430

Bullion tips:
Gold is good for buy and silver is consolidate trade you can buy silver above 59550

Commodity MCX market trend for Monday

GOLD(Augest 11)
RESISTANCE 1: 22550, RESISTANCE 2: 22780
SUPPORT 1:22100, SUPPORT 2:21800

SILVER (September 11)
RESISTANCE 1: 55900, RESISTANCE 2: 56900
SUPPORT 1: 53200, SUPPORT 2: 52200

ZINC(July 11)
RESISTANCE 1:107.50, RESISTANCE 2:109.90
SUPPORT 1:102.50, SUPPORT 2:100.20

LEAD (July 11)
RESISTANCE 1:122.50, RESISTANCE 2:125.15
SUPPORT 1:117.75, SUPPORT 2:115.25

COPPER (August 11)
RESISTANCE 1: 439, RESISTANCE 2: 445
SUPPORT 1: 427, SUPPORT 2: 422

CRUDE OIL (July)
RESISTANCE 1: 4350, RESISTANCE 2: 4430
SUPPORT 1: 4220, SUPPORT 2: 4150

NATURAL GAS(July 11)
RESISTANCE 1: 193, RESISTANCE 2:198
SUPPORT 1:182, SUPPORT 2:176

Commodity MCX Market Review

Bullion:-Gold was down by 0.12% to Rs 22,131 per 10 grams on August 2011 contract, Silver was down by 0.76% to Rs 54,521 per kg on September 2011 contract

Base metals:-Lead mini was up by 0.04% to Rs 120.55 per kg July 11 contract, lead contract was up by 0.12% to Rs 121.60 per kg September 11, copper was up by 0.06% to Rs 436.20 per kg August 11 contract, nickel was up by 1.26% to Rs 1,094.00 per kg September 11 contract, aluminium was down by 0.31% to Rs 113.90 per kg July 11 contract, zinc was down by 0.37% to Rs 107.00 per kg August 11 contract.

Energy:-Crude oil was down by 0.14% to Rs 4,400 per barrel August 11 contract and Natural gas was down by 0.21% to Rs 188.80 per MMBTU September 11 contract.