Commodity trends of major commodities are updated daily
for Intraday,Short term,Medium term and Long term.Investor/trader by Money CapitalHeight Research Pvt. Ltd. we provide Daily Mcx Tips for those who trade MCX market.
- Silver futures for May delivery rose less than 0.1 percent
- Gold futures for April delivery advanced 20 cents
- Copper futures for delivery in May climbed 0.8 percent
- Nickel, aluminum, tin, lead and zinc also rose in London.
- Natural gas futures climbed to a 13-week high
Gold futures rose as the European Central Bank left
interest rates unchanged, driving the euro higher against the dollar and boosting the appeal of
the precious metal as an alternative investment. Silver futures for May delivery rose less
than 0.1 percent to $28.808 an ounce on the Comex. The price gained for the fifth straight
session, the longest rally since Jan. 23.
Technical View:
GOLD(APR)
Trend • Consolidate
Strategy • Sell on high
Resistance • R2 - 29950
• R1 - 29680
support • S1 - 29280
• S2 - 28850
SILVER(MAY)
Trend • Consolidate
Strategy • Sell on high
Resistance • R2 -57750
• R1 -55870
support • S1 - 53350
• S2 - 52200
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