MCX Gold trading Recommendations & tips 11th March
Trend: MCX Gold mini is expected to stay in DOWN trend for today.
Support and resistance: MCX Gold mini finds resistance at 20920, 20980, 21020, 21060 with support at 20860, 20820, 20780. We can expect gold to test its resistance to gain selling strength.
OHLC: Yesterdays closing is much below the opening and today expected to open around 20900. OHLC shows DOWN.
Moving Average: MCX gold trading below the average is good for selling on tops.
MCX Silver trading Recommendations & tips 11th March
Trend: MCX Silver mini is expected to stay in DOWN trend for today. Support and resistance: MCX Silver mini finds resistance at 53600, 53800, 54200, 54600 with support at 53200, 52800, 52600, 52200. We can expect silver to test its resistance to gain selling strength. OHLC: Yesterdays closing is much below the opening and today expected to open around 53400. OHLC shows DOWN. Moving Average: MCX silver trading below the average is good for selling on tops. MCX Copper trading Recommendations & tips 11th March Trend: MCX Copper is expected to stay in Down trend today. Support and resistance: MCX Copper finds resistance at 422.60, 424.60, 426.60, 430.60 with support at 418.60, 416.20, 412.60. We can expect copper to test its resistance to gain selling strength. OHLC: Yesterdays copper market closed above the opening and expected to open in the same zone. OHLC bit positive for buying but considering , long term trend OHLC shows DOWN. Moving Average: MCX Copper trading below the average is good for selling on top. MCX Crude Oil trading Recommendations & tips 11th March Trend: MCX Crude oil is expected to stay in Down trend for today. Support and resistance: MCX Crude oil finds resistance at 4660, 4680, 4720 with support at 4320, 4580, 4560, 4520. We can expect crude oil to test its resistance to gain selling strength. OHLC: Yesterdays closing is much below the opening and today expected to open around 4640. OHLC shows DOWN. Moving Average: MCX Crude oil trading below the average is good for selling on tops. MCX Zinc trading Recommendations & tips 11th March Trend: MCX Zinc mini is expected to stay in DOWN trend for today. Support and resistance: MCX Zinc mini finds resistance at 104.50, 105.50, 106.50 with support at 103.50, 102.50, 101.50. We can expect zinc to test its resistance to gain selling strength. OHLC: Yesterdays market closed above the opening and today expected to open at 104. OHLC bit positive for buying but considering , long term trend OHLC shows DOWN. Moving Average: MCX zinc trading below the average is good for selling on top.
