MCX Commodities Positional Trend Update – 6th July

This is the trend update over the recent post MCX Commodities Positional Trend Update.

MCX Gold August Futures Hourly Charts

MCX Gold August Futures turned to sell mode on the hourly charts on last friday and currently the resistance zone comes near Rs26269/Kg as a trailing stoploss and reverse your position to positional longs only if the supports breaks on the hourly charts.
Gold Positional

MCX Silver September Futures Hourly Charts

MCX Silver September Futures turned to sell mode on the hourly charts on last friday and currently the resistance zone comes near Rs40474/Kg as a trailing stoploss and reverse your position to positional shorts only if the supports breaks on the hourly charts

Silver Positional

MCX Crude July Futures Hourly Charts

MCX crude July Futures turned to buy mode on the hourly charts on 2nd July with Rs6109 as a trailing stoploss and reverse your position to positional shorts only if the supports breaks on the hourly charts

Crude Oil Positional

Rajandran R

Rajandran is a trading strategy designer and founder of Marketcalls, a hugely popular trading site since 2007 and one of the most intelligent blog in the world to share knowledge on Technical Analysis, Trading systems & Trading strategies. More From Rajandran R »

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    • Rajandran is a Market Analyst and founder of Marketcalls, one of the most intelligent blog in the world to share knowledge on Technical Analysis, Trading systems & Trading strategies.