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Monday, August 17, 2015

MCX Levels Update 17 Aug 2015




Gold... Support at 25700 and resistance at 26050---26200


Silver has support at 35200 and resistance at 36450


Copper has support at 334 and resistance at 340---344


Crude oil has support at 2730---2680---2640 and resistance at 2800---2855


Nickel has support at 680 and resistance at 700.



Base metals looks quite weak while we will expect range bound trading in Bullion. Don't jump on any conclusion. We will wait for entry.

More detailed levels & reports will be update shortly.