MCX Commodity Tips, Bullion
Outlook, Silver Intraday Tips, Copper Trading Support Resistance Levels,
Gold Updates for Today 8 August:
Copper Intraday Tips:
Copper August futures traded 1% higher at 418 levels, base metals pack
traded on a positive note today. Copper for immediate delivery in China
has been more expensive than the metal for future delivery since May 9.
In the Indian markets prices gained by 0.9 percent and closed at
Rs.418.40/kg after touching an intra-day high of Rs.419.2/kg on Tuesday.
we expect base metals pack to trade on a bullish note on the back of
positive market sentiments.
MCX Copper Aug: Support== 415/412 Resistance== 420/422
MCX Gold Oct: Support== 29680/29600 Resistance== 29850/29930
MCX Silver Sep: Support== 53100/52800 Resistance== 53500/53800
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