MCX Gold
Gold is at the support, reverse the position to short if the support(Rs 23119) breaks at the lower side. Stochastic has already moved below 80 and in declining mode.
MCX Copper
MCX Copper is in buy mode with the support coming around Rs 431.
MCX Natural Gas
MCX Natural Gas is in sell mode with the resistance around Rs 196. The Stochastic is way below 20 and in oversold zone.
Related Readings and Observations
MCX Gold, MCX Silver, MCX Copper, MCX Natural Gas and MCX Crude Oil Hourly Chart for 8th July 2011 The yellow metal is still in buy mode with the support around Rs.22105 per 10 grams. Reverse the position if the support breaks.
Commodities Crashed Post US Presidential Election Results MCX Gold surges to a high of Rs31326/Kg when Mr.Donald trump was leading the election results on 9th Nov 2016. Around 10.40p.m gold topped out and from there post the election announcement […]
Three Longterm Bearish MCX Commodity Charts Checkout the three longterm bearish MCX commodity(MCX Gold,MCX Copper,MCX Crude) Weekly charts which is in currently in long term sell mode as per Intratrend weekly charts.
MCX Gold and Copper Hourly Chart – 28 July 2011 MCX Gold
The yellow metal is in sell mode with the resistance around Rs 23176 as per the Ichimoku Trading system.
MCX Gold and Copper Hourly Chart – 27 July 2011 MCX Gold: As per the Ichimoku trading system, the yellow metal is in buy mode within the cloud with the support coming around Rs. 23136 per 10 grams. The Stochastic seems to be moving […]
MCX Gold and Copper Hourly Chart – 19 July 2011 MCX Gold still remains bullish and there literally seems no reason to go bearish. The yellow metal is in buy mode with the support coming around Rs.23085 per 10 grams.
MCX Gold is now in sell mode with the resistance at Rs 23264.