COMMODITY GOLD SILVER LIVE MARKET 20 JAN 2014

MCX

 

Support for MCX GOLD FEB. delivery is seen at 29150, 29050 and 28950 levels while resistance is seen 29320, 29450 and 29640 levels.

Support for MCX SILVER MAR. delivery is seen at 44740, 44300and 43680 levels while resistance is seen 45300, 45850 and 46200 levels.

Intra-day strategy for MCX ENERGY is given below
Support for MCX CRUDE JANdelivery is seen at 5755, 5715 and 5660 levels while resistance is seen 5810, 5850 and 5885levels.

Intra-day strategy for MCX BASE METALis given below
Support for MCX COPPER FEB. delivery is seen at 456.95, 454.55 and 452.30 levels while resistance is seen 460.75, 463.55 and 466.50 levels.

GOLD

Gold gave closing above to upper band of downward channel pattern on daily charts, now if it is able sustain on higher levels then next resistance is seen around 29600.

 

FOR 2 DAYS FREE TRIAL COMMODITY TIPS VISIT HERE

[SOURCE :TRIFID RESEARCH ]

 

Leave a Reply

Your email address will not be published. Required fields are marked *