Money Capitalheight research Pvt. Ltd is a financial advisory company
provides our traders Commodity trends, Mcx Tips of major commodities are updated daily
for Intraday, Short term, Medium term and Long term. Investor/trader can click
on respective commodity to get the trend.
Today's Mcx Tips
GOLD:
Trend updated for-Feb/12/2013.CMP-30640 Overall trend of
the Gold is bearish for medium-long term .Currently Gold is in strong uptrend
but volume is unsatisfactory The open interest is not increasing with trend .
Cautious point is buying at higer levels seems decreasing. The Gold is now
trading in overbought level. The Gold is now trading in overbought level. The
oscillator is showing BUY signal For short term Gold is in HOLD LONG position.Positionally
Support for the Gold is 30418-30327-30282-.Resistance for the Gold is
30845-31137-31170-
SILVER:
Trend updated for-Feb/12/2013.CMP-57661 Overall trend of
the Silver is bearish for medium-long term .Currently Silver is moving sideways
The oscillator is showing SELL signal and has moved down its previous low with
good volume points to a negative break out . The oscillator is showing SELL
signal For short term Silver is in HOLD
SHORT position and Silver closed below 1 week low with volume
signals down breakout.Positionally Immediate support for Silver is
57312.Resistance for the Silver is 58441-58500-58934-58952-60072-60119-
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