08/05/11 ~ MCX NCDEX Tips-Live Commodity Rates

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Friday, August 5, 2011

MCX Commodity Tips(Gold, Silver Trading Trend For Today 5 August

8/05/2011 12:23:00 PM

Stuti Sharma

MCX Commodity, Bullions Targets, Support-Resistance Levels
GOLD-
RESISTANCE LEVEL(R2)---24,170
RESISTANCE LEVEL(R1)---23,900
PIVOT POINT LEVEL---23,685
SUPPORT LEVEL(S1)---23,475
SUPPORT LEVEL(S2)---23.200
TREND:CORRECTION
It may downside below 23,700

SILVER-
RESISTANCE LEVEL(R2)---62,330
RESISTANCE LEVEL(R1)---61,430
PIVOT POINT LEVEL---60,500
SUPPORT LEVEL(S1)---59,650
SUPPORT LEVEL(S2)---58,735
TREND:STRONG CORRECTION
It may bullish below 60,500