Gold gained for the third straight session in New York on speculation that policy makers will announce additional stimulus measures to boost growth, increasing demand for bullion as hedge against inflation. Copper declined for the third time in four sessions after Fitch Ratings downgraded 18 Spanish banks, increasing concern that Europe’s financial crisis will be a drag on global growth.
Gold Aug Trend Down Supports-29773,29546 Resistance Level-30133,30267
Silver July Trend Down Supports-54653 ,54207 Resistance- 55394,55687
Crude Oil June Trend Up Support-4583,4531 Resistance-4674,4713
Natural Gas June Trend Down Support-122.70,119.70 Resistance-127.70,129.70
Copper June Trend Up Support-408.90,407.10 Resistance- 412.90,415.10
Nickel June Trend Up Supports--941,932.90 Resistance-962.20,975.10
Aluminium June Trend Up Support-107.65,107.05 Resistance-109.10,109.95 -
Lead June Trend Up Support-104.95,104.40 Resistance-106.20,107.10
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Labels:
Gold Updates,
Lead updates,
mcx commodity tips for tomorrow 14 june 2012,
mcx copper updates,
MCX Nickel Updates,
MCX Silver Tips
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