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MCX gold-silver trend for today and MCX crude oil movement for 08/05/13

Discussion in 'Trading Strategies & Systems' started by dipali, May 8, 2013.

  1. dipali

    dipali New Member

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    Today on fresh start domestic gold open in positive node, but movement is sluggish on future delivery. Gold for June is open at 26745 against its previous close at 26722, whereas on intraday it touch a high of 26777 with a low of 26738. On intraday trade gold is expecting to trade with a resistance of 26991, 27150 and a support level of 26500, 264100.
    For intraday trader
    Buy gold (June) above 26750 tgt 26800, 26850, 26900………stoploss 26600
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