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Monday, June 18, 2012

Commodity Tips For Today

GOLD (AUGUST) : -
MCX Gold June agreement a week ago originally created a low of 29528 but due to powerful international que it created a return and lastly created a high of 30237 and handled to close above 30155 showing the pattern to continue on good side.


SILVER (JULY) : -
MCX Silver July - made a high of 553638 and was incapable to keep at advanced stage and lastly split down the significant assistance stage of 54800 and dramatically towards 53950 and lastly shut at 54553. Overall pattern is good and lower stage, try to obtain instead of short promoting. Higher-level last and last level of resistance. thereafter buy in open amount and play for focus on 60000-65000.

CRUDE (JULY) : -
MCX Crude July ongoing displaying some promoting stress at advanced stage once it split down significant assistance stage of 5000; however, some assistance was seen at lower stage and was able to shut above 4710 displaying access in over marketed area for the time being, and dip to purchasing chance with limited stop-loss. In this week, consider level of resistance at 4760-4810 and assistance at 46510-4610 in near-term.

NATURAL GAS (JUNE) : -
The other day, it efficiently split down to level of resistance of 131 and 136 with reasonable amount and lastly made a high of 141.90 but lastly shut at 136.90. In this weeks time consider support at 134-131 range and level of resistance at 146 - cross-over more upside.

NICKEL (JUNE) : -
MCX Nickel June the other day created a low of 923 and ongoing purchasing interest was seen from the level of 860 and lastly created a high of 864, which is a powerful level of resistance and was incapable to shut above. In this weeks time, consider assistance at 931-921 and level of resistance at 964 thereafter overall purchasing and short press cannot be decided out.

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