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 base metal levels for 4 August

GOLD(OCT 11)
RESISTANCE : 24300, 24500
SUPPORT : 23780, 23400

MCX SILVER (SEP)
RESISTANCE: 62300, 63500
SUPPORT: 58800, 56400

MCX COPPER (AUG)
RESISTANCE : 433, 438
SUPPORT : 421, 415

MCX CRUDE OIL (JUL)
RESISTANCE : 4170, 4250
SUPPORT : 4020, 3970

NATURAL GAS(Aug 11)
RESISTANCE : 188, 194
SUPPORT :176, 172

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

MCX Bullion,Base metal trend for 29 july

GOLD(Augest 11)
RESISTANCE : 23320, 23550
SUPPORT : 22850, 22620

MCX SILVER (SEP)
RESISTANCE: 60900, 62800
SUPPORT: 57070, 56300

MCX COPPER (AUG)
RESISTANCE : 441, 448
SUPPORT : 432, 426

MCX CRUDE OIL (JUL)
RESISTANCE : 4390, 4450
SUPPORT : 4310, 4250

NATURAL GAS(Aug 11)
RESISTANCE : 193, 199
SUPPORT :183, 175

ZINC(July 11)
RESISTANCE :111.20, 114.15
SUPPORT :107.80, 105.50

LEAD (July 11)
RESISTANCE :119.20, 121.30
SUPPORT :115.60, 113.45