MCX Commodity Tips|Gold Silver Copper Trend Today

Commodity Market Report and Support-Resistance Levels 16 August:

GOLD – 

CMP- 25640

TREND- Uptrend

Trading in overbought level

Current Position- Buy

Support-Resistance Levels-

Support1- 24758 Support2- 24186 Support3-23711

Support4- 22969 Support5- 22752 Support6-22556

Resistance- 26563

Gold- Intraday Tips & Trend-

Buy Above - 26217 with a Stop Loss at - 25326.9

Sell Below - 25065.1

COPPER-

CMP- 402

TREND- Downtrend

Copper looking Bearish

Current Position- Sell

Support-Resistance Levels-

Support- 409- 418- 419-423 -426

Resistance-385

Copper: Intraday Tips & Trend

Buy Above - 412.4  with a Stop Loss at- 396.1

Sell Below - 391.2

SILVER-

CMP- 58914

TREND- Uptrend

Silver is looking bullish

Current Position- Sell

Support-Resistance Levels-

Support- 58524 - 58455 - 56954- 55816 - 55488

Resistance- 59168

Silver: Intraday Tips & Trend-

Buy Above -60069.9 with a Stop Loss at - 58279.2

Sell Below - 57762.3 with a Stop Loss at - 59550.8