Market Update

Market Watch

Tuesday, 14 January 2014

Live Mcx Gold Silver Trading Tips & Charts Today


·         Gold sustain above 1250$
·         Natural gas futures surged the most in 16 months on speculation
·         Crude fell after Iran agreed to curtail its nuclear program
·         Copper advanced, paring a second weekly drop
West Texas Intermediate crude fell after Iran agreed to curtail its nuclear program starting Jan. 20, easing some sanctions on OPEC’s fifth-biggest oil producer. Natural gas futures surged the most in 16 months on speculation that government data will show a record decline in U.S. stockpiles of the heating fuel as cold weather boosts demand.


Gold:

GOLD (FEB)

Trend: Consolidate

 Strategy: Buy on dips

R1- 29370
R2- 29750

S1-28750
S2- 28480






Silver:
SILVER (MAR)
Trend: Consolidate
 Strategy: Sell on high
R1- 45850
R2- 46700
S1-44150
S2- 43180




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