Market Update

Market Watch

Wednesday, 22 May 2013

Today Mcx Silver Trend



GOLD:
Trend updated for-May/22/2013.CMP-26110 Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing SELL signal For short term Gold is in SELL position.Positionally Immediate support for Gold is 25272.Resistance for the Gold is 26482-26693-26786-27608-28304-28841-

SILVER:
Trend updated for-May/22/2013.CMP-43170 Overall trend of the Silver is bearish for medium-long term .Currently Silver is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .The oscillator is showing SELL signal For short term Silver is in SELL position. Positionally Immediate support for Silver is 40586.Resistance for the Silver is 44018-44424-44478-47193-49635-51653-

COPPER:
Trend updated for-May/22/2013.CMP-410 Overall trend of the Copper is bearish for medium-long term .Currently Copper is moving sideways The Copper is now trading in overbought level. The Copper is now trading in overbought level. The oscillator is showing SELL signal .In last 1 month volatility is very less and fresh Buy can be considered in the Copper if it close above417 or buy with strict stop at 390. The Copper is now trading in overbought level. The Copper is now trading in overbought level. The oscillator is showing SELL signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 405-404-401-396-393-.Resistance for the Copper is 418-

Money CapitalHeight is a financial advisory company provides  you best Mcx Tips, commodity trading  tips, gold tips, silver tips, crude tips,  copper tips, aluminum tips, and nickel tips register today for free trial and get  best calls for two days. visit www.capitalheight.com

No comments:

Post a Comment