MCX Commodity Gold Silver Crude Condition

MCX SUPPORT & RESISTANCE LEVEL

Gold prices are lower on profit-taking but may continue to find support as the dollar is weak and safe haven demand high in the run up to the US elections. Free MCX Tips

GOLD DEC FUTURE

R2–30981,

R1 -30718,

S1-30302,

S2-30108,

SILVER DEC FUTURE

R2 –44755,

R1- 44275,

S1-43085,

S2-42601,

Oil prices saw a sharp selloff yesterday as data showed a big jump in US inventories last week. Prices have however recovered in early trade today. Commodity Tips

CRUDE OIL OCT FUTURE

R2 –3185,

R1-3130,

S1-3000,

S2-2940,

Base metals are mixed at the open but prices declined yesterday as a risk off sentiment prevailed in global markets.

COPPER OCT FUTURE

R2 –339,

R1-334,

S1-322,

S2-316.

INTERNATIONAL MARKET UPDATE

GOLD $ 1306.45.

SILVER $ 18.627,

COPPER $328.45,

CRUDE OIL $ 45.75,

INR 66.686.