Wednesday, June 24, 2015

MCX Bullion tips For Today || MCX Crudeoil to Continue Sideways

This is an potential dangerous time for MCX GOLD and MCX SILVER. Simply put, the price action in Gold is very bearish is now near an extreme. One week later both the YELLOW Metals are moving towards support. Short Term for MCX GOLD and SILVER is likely to be negative.

MCX Gold Short term support is seen at 26200 and resistance at 27000. Intraday support can be found at 26500 with resistance at 26700 

MCX Crudeoil price today

MCX CrudeOil is continued today to trade sideways. In recent years, higher domestic production of light, tight crude oil in has led to a reduction in crude oil imports in US, according to EIA.

Crude Oil price today Support for short term is at 3700 and resistance at 3950. Intraday support is seen at 3780 with resistance of 3880

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