Thursday, January 5, 2012

MCX (Crude and Gold) Tips For Today: 5th Jan '12

MCX Crude-

Today also MCX crude is looking bullish. Now it is trading at the level of 5454 with the intraday high of 5465 and a low of 5417. Crude oil has shown its trend that it may test the 5500 level in this week. It is looking bullish in this week and having a resistance level of 5490 and a support level of 5400.
We suggest that make a fresh position in MCX crude oil to grab maximum profit.

MCX Gold-

MCX Gold is looking little risky today. It is facing a bearish trend and trading on 27565 level with making a intraday high of 27875. Our expert said that MCX gold may face more downfall in this week. It is having the resistance of 28100 and a support level of 26900.
We suggest that it is not a right time to invest in gold.





1 comment:

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