Live MCX Commodity Tips and Updates For today 20 July

mcx tips for today,free commodity tips,mcx lead tips today,nickel trend today,live zinc updates,free mcx silver tips for today

MCX Gold Silver trend and Updates For today :- Gold and silver edged down for the second consecutive day and closed at $1573 and $27.13. The recent testimony of Bernanke didn’t offer any hints of the future steps of the FOMC. Bernanke voiced his concerns for the slow decline in rate of unemployment and slow progress in the housing market but he remained vague as to the actions the FOMC would consider to jump-start the U.S economy. Technically, gold is continuing its sideways trend. The range in gold is converging is currently defined by $1554 support and $1613 resistance. Silver is slightly stronger than gold with a resistance at 27.68 and support is at 26. 

Mcx Base Metal Trend :- Copper: yesterday’s close at 425.7 is a bullish signal from copper. Near by resistance is at 429 and 433. Support is at 424 and 422. 

Aluminum: it looks good as a close above 105.5 could see 106 and 107 level. Support is at 105 and 104. 

Lead: looks strong. Resistance is at 106 and 107. Support 104.8 and 103.5. 

MCX Tips For today :- Silver (Sept) Sell Below 52600 for target of 52300 52000 with stop loss of 52735 it having Down trend today. 
MCX Lead (Jul) Buy At 105.3 for target of 106 106.6 with stop loss of 105 and having Sideways trend. 

Get MCX NCDEX commodity market tips and updates just FILL THE FORM and have accurate MCX NCDEX Tips On Intraday and Delivery Basis in your mobile.