Saturday, 24 August 2013

24/8/13 morning gold silver price and levels, free commodity tips, cotton update, base metal trend

Most of the MCX commodities are looking bearish on saturday morning as the market started. Yesterday the white metal was closed at 53469 and it opened with a gain of 137 points and still working in a positive side, at 10:37 am it rise around 106 points or 0.20 percent to Rs. 53575 for the delivery of the september month, the yellow metal is decreasing today since it started, its price is dipriciating around 50 points or 0.16 percent at 31855. The support and resistance level for the commodities are 

GOLD S1 : 31632.1 S2 : 31539.1 R1 : 32177.9 R2 : 32450.9 

SILVER S1 : 52712.5 S2 : 51955.5 R1 : 54225.5 R2 : 54982.1 

These whole their is a lot of fluctuation have been seen in the price of the commodities whether they base metals, precious metals or energies. Today also the base metals and the energies are trading in a downward side and all are looking in a red flag. The cotton used to maintained its positiveness and showing a green shade with a gain of 260 points. 

Sell Gold Tgt 31830 | 31820 | 31810 Spl 31885 

Sell Crude Oil Tgt 6842 | 6837 | 6532 Spl 6867

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