Life @ TradeIndia Research

Wednesday 28 September 2016

MCX Support Level and Trading Tips

INTERNATIONAL MARKET UPDATE
GOLD $ 1328.
SILVER $ 19.108,
COPPER $322.65,
CRUDE OIL $ 44.67,
INR 66.471.

Commodity market updates with support level on mcx daily by best advisory company who provide accurate mcx market tips by expert research team.

Precious metals are trading lower on COMEX today. We expect prices to trade range bound for the day as Asian stocks rose and the dollar index firmed, and the wait is now for the U.S. presidential elections.

Crude oil is trading flat on NYMEX today. We expect prices to trade range bound for the day as industry data showed a surprise draw in U.S. crude stocks, although worries over a lack of agreement among producers to curb output kept a lid on gains.

MCX SUPPORT & RESISTANCE LEVEL

GOLD JUNE FUTURE
R2–31712,
R1 -31510,
S1-30741,
S2-30412,

SILVER JULY FUTURE
R2 –47015,
R1- 46692,
S1-45151,
S2-44750,

CRUDE OIL JUNE FUTURE
R2 –3090,
R1-3044.
S1-2901,
S2-2860,

COPPER JUNE FUTURE
R2 –331,
R1-326,
S1-318,
S2-313.

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