Archive for the Category ‘Mcx Tips’

Gold Trading price steadies and rallies from trading bottom at USD 1625

Gold Trading price steadies and rallies from trading bottom at USD 1625

MUMBAI, Jan 16   Gold Trading prices after make a Cycle trading bottom at USD 1625 and rallies and we expect the rally to last until the next  week.
Gold Technical View : We have made things simpler for readers, we have incorporated  a  indicator overlaid in prices which gives the common investor the over all trend of the commodity at a glance.
On the price [...]

Gold Trades make a trading top at USD 1631 and corrects

Gold Trades make a trading top at USD 1631 and corrects

MUMBAI, Jan 09 -   Gold Trading prices after make a Cycle trading top at USD 1631 corrects and we expect the correction to last untill the later part of the week.
Gold Technical View : We have made things simpler for readers, we have incorporated  a  indicator overlaid in prices which gives the common investor the over all trend of the [...]

Gold Trades higher – Safe-Haven Buying Surfaces

Gold Trades higher – Safe-Haven Buying Surfaces

MUMBAI, Jan 06 -   Gold Trade prices ended the U.S. day session higher and near the daily high after trading on both sides of unchanged in choppy price action. There has been fresh safe-haven investment demand for gold surface this week, amid fresh tensions between the U.S. and Iran, and amid the ongoing European Union sovereign debt crisis. The [...]

Gold Trading Prices benefits from euro strength and Oil tensions in Iran

Gold Trading Prices benefits from euro strength and Oil tensions in Iran

MUMBAI, Jan 03 -  Gold Trading Price traded  higher nearly by 2 percent on Tuesday, fuelled by a recovery in the euro against the dollar, after the bullion price neared six-month lows last week in a flurry of year-end selling.
We see Trading Top for Gold to be in place around  USD1609. In case it crosses USD 1609 then we see [...]

Mcx Tips | Crude Oil Price commences Intermediate rally

Mcx Tips | Crude Oil Price commences Intermediate rally

MUMBAI, Jan 03   Crude Oil Price  edged above $102.97 a barrel on Tuesday as tension between Iran and the United States stirred fear of a possible disruption to oil supplies from the West Asia and as Chinese data showed economic activity increasing.
Oil was one of the best performing assets in 2011, with North Sea Brent posting [...]

Mcx Tips | Crude Oil Price correction to last end Dec

Mcx Tips | Crude Oil Price correction to last end Dec

MUMBAI, Dec 19  Crude Price  Oil edged lower in volatile trading over the weekend, posting a second consecutive weekly loss as caution about Europe’s debt crisis and year-end positioning continued to spark selling into rallies.
Weak trading volume as the holiday season approaches contributed to the choppy trading and both Brent and US crude turned slightly higher in [...]

Mcx Tips | Crude Oil Price rally to 6-month Top and correction to last end Nov

Mcx Tips | Crude Oil Price rally to 6-month Top and correction to last end Nov

MUMBAI, Nov 18-   Crude oil Price  futures  hit a six-month top  after news of the reversal of a major U.S. oil pipeline boosted hopes that a supply glut in the U.S. will be eased. We see the trading top is in place and correction to last end Nov.
It earlier rose by as much as 0.65% to trade [...]

Gold Trading – Gold Prices to test record highs

Gold Trading – Gold Prices  to test record highs

MUMBAI, Sep 05  -  GOLD prices topped $US1900 a troy ounce today as worries about slowing growth and European debt whetted appetite for the metal’s perceived safe haven.
Gold for December delivery rallied $US25.90 to $US1902.80 an ounce in electronic trading on Globex. The contract had risen as high as $US1908.40 an ounce, according to data from FactSet.
Gold futures [...]

Gold Trading – Gold Prices Jump over 2 percent, Nonfarms Shows No Jobs Added in Aug

Gold Trading – Gold Prices Jump over 2 percent, Nonfarms Shows No Jobs Added in Aug

MUMBAI, Sep 02  -  Gold  prices  climbed more than 2% following the start of trade in London on Friday – breaching $1876 per ounce around lunchtime – after the publication of weak US jobs data.
Nonfarm payroll data published at 8.30am New York time showed the US economy added no jobs in August – the worst result since September 2010 [...]

Mcx Crude tips | Crude oil prices fall after US job report

Mcx Crude tips | Crude oil prices fall after US job report

MUMBAI,Sep 02 . MCX Tips / Crude Oil prices been steadily falling since yesterday in anticipation of the U.S. Non Farm payroll report as well as concerns over storm approaching the oil rigs in the Gulf of Mexico.
After the disappointing  U.S. jobs data showed employment growth stagnated in August, despite expectations for at least 75,000 new jobs to be created, [...]