Tuesday, August 9, 2011

MCX Commodity Tips Trend|Market News 9 August

Free Intraday Commodity (Gold)Tips Trend Range Levels(Tuesday 9 August):
GOLD – Gold is currently trading in perfect uptrend. And it is adviced to Buy Gold as it is trading in overbought level. It has immediate Resistance near 24773 points and Support levels are near 23481 points and below this 23320, then 23111 then 22644 then 22503 then 22342.


CMP- 25242
TREND- Uptrend
Trading in overbought level
Current Position- Buy

Support-Resistance Levels-
Support1- 23695 Support2-23477 Support3- 23226
Support4- 23226 Support5- 22544 Support6- 22381
Resistance-25406

Gold- Intraday Tips & Trend-
Buy Above - 25659.2 with a Stop Loss at - 25008.9
Sell Below - 24826.3 with a Stop Loss at- 25475.8

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