Thursday, February 09, 2012

MCX Commodity Live

Gold MCX Trend
MCX India Gold Trade on high today & we expect that it will go for more upside today, today bullion market totaly against to the International surrounded.Gold Continue on up trend form last two trading session. If gold breaks the level of 28450 then it may touch the month high, else gold again may again see on its lower side. Intraday trend in bullish for gold while short term term is bearish.

Silver Trend
In silver, Silver also with gold & showing some uptrend for the day trading. Intrda day trend for silver is bullish but we are suggesting it for buy at this level. Becuase of International Market both precious metal shwoing some uptrend but overall MCX trend is bearish.

Copper Updates
Base metal king copper again on bullish phase & currently trade between the level of 425 to 427. We expect it would go for furhete level at upside and would be touched 430 very soon. Intraday as well as Short term trend is bullish for Copper.

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