Friday, 20 March 2015

MCX Bullion, Metals, Energy Trading Levels < Money Maker Research


PRECIOUS METALS:
MCX Gold closed in on Rs 26000 per 10 grams mark yesterday as
investors eyed rather dovish cues from the latest FOMC meeting. The
COMEX Gold futures jumped along with equities last night. The FOMC
statement removed the word “patient” regarding when to decide to
raise interest rates. Gold price is in resistance; expectation price may go
down, Our recommendation sell on high.

ENERGY:
From last two days crude price is consolidating near to its support level
trend is still bearish and there is no any fresh news in crude oil which
will support bullishness. Price is taking support from its lower level,
expectation Crude oil prices may give some correction from here. Our
recommendation sells on high.

BASE METALS:
Copper futures rallied sharply yesterday, after the Federal Reserve
projected a slower pace of rate hikes. Through Technically copper price
near to its resistance level and expectation price may consolidating.
Upper side price may go up to 375 to 378.Our recommendation sell on
high.

Posted by at
Labels: , ,

2 comments:

  1. Bullion Jackpot Call8 February 2017 at 17:10

    Fantastic post about "MCX Bullion, Metals, Energy Trading Levels < Money Maker Research"

    thanks,
    Best Commodity Tips Provider | MCX Tips Free Trial

    ReplyDelete
  2. Unknown26 September 2017 at 14:33

    Nice Written post about MCX Bullion, Metals, Energy Trading Levels < Money Maker Research.

    Thanks,

    Mcx Calls In Gold

    ReplyDelete

Note: only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)

Share it