MCX ~ Crude Tips, Gold Updates

MCX yellow metal gold is shining and hit an 11 month high on Friday in the international. Gold is expected to trade higher, as the rupee is rising against dollar, this is giving strength to precious metals. Gold moved up to 11 months high on Thursday, especially  due to stronger Euro and positive Job data. Investors also awaited a word from Spain on a bailout and monetary policy meeting in Europe. 

MCX Gold Trading Tips :-

Gold (Dec) :-  Buy, TGT1- 31300 TGT2- 31400, Stoploss- 31800

Crude Oil Tips :-

Crude oil (Oct) :-  Sell, Entry 4725 – 4750, TGT1- 4675, TGT2- 4650, Stoploss- 4775

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