mcx trend meter

Technicals – MCX (Intra day calls)

CRUDE OIL (December) BULLISH ABOVE 3652BEARISH BELOW 3638

GOLD (December) BULLISH ABOVE 10275 BEARISH BELOW 10240

SILVER (December) BULLISH ABOVE 18872 BEARISH BELOW 18790
COPPER (February) BULLISH ABOVE 273.90 BEARISH BELOW 273

LEAD (December) BULLISH ABOVE 120.30 BEARISH BELOW 119.90

NICKEL (December) BULLISH ABOVE 1102 BEARISH BELOW 1097

ZINC (December) BULLISH ABOVE 99.65 BEARISH BELOW 99.30

report

Gold and silver December futures are expiring today. The next maturity in gold and silver will be different. Investors will position themselves for the next expiry. In December, the Fed interest rate will be the key. A quarter of a percentage interest rate cut has been priced in by the markets. What if the Fed springs a surprise and cuts interest rates by half a percentage as a Christmas gift? All the metals and energies will zoom and the US dollar will nosedive. So far statistics on US economic growth have been on the lower side. Apart from the Fed meeting, the other key factors to watch out in December are energy prices and economic numbers from the Eurozone and UK. So far growth in Eurozone has shown resilience to a stronger currency and higher energy prices. If Eurozone growth falters in December, then expectations of an interest rate cut might rise which might boost the US dollar.

very long view gold

GOLD -- FEBRURAY FUTURE

As long as gold holds $774.20 downside will be limited and it will once again attempt to edge past $850. Only a daily close below $774.20 will result in $735.90 and $712.10.

long view for gold

GOLD
LIKELY TO TEST 11000 WITH ANY CLOSE ABOVE 10640 & 10700-775, ONLY CLOSE BELOW 10150/9875/9670 & 9300 BEARISH AGAIN FOR MEDIUM TERM

bullish and bearish

Technicals – MCX (Intra day calls)

CRUDE OIL (December) BULLISH ABOVE 3670BEARISH BELOW 3655

GOLD (December) BULLISH ABOVE 10269 BEARISH BELOW 10235

SILVER (December) BULLISH ABOVE 18925 BEARISH BELOW 18840
COPPER (February) BULLISH ABOVE 268.20 BEARISH BELOW 267.50

LEAD (December) BULLISH ABOVE 119.80 BEARISH BELOW 119.40

NICKEL (December) BULLISH ABOVE 1136 BEARISH BELOW 1131

ZINC (December) BULLISH ABOVE 98.25 BEARISH BELOW 97.90

தமிழ்

தமிழை தாய் மொழியாக கொண்டவர்களுக்கு தமிழிலேயே உங்களுக்கு புரியும் விதத்தில்
உங்களுக்கு லாபம் தரும் நோக்கில் ஆரம்பிக்க பட்டது தான்
இது, பயன்படுத்தி கொள்ளுங்கள்,
உங்கள் சந்தேகங்களை இங்கே நீங்கள் கேட்கலாம்,
தமிழிலேயே கேட்க உங்களுக்கு உதவி செய்கிறோம்,
கிழே உள்ள link- ஐ பயன்படுத்தி நீங்களும் தமிழில் கேள்வி கேட்கலாம்
நன்றி

http://www.google.com/transliterate/indic/Tamil#

mcxarun

copper

or the day buy only abv 267.5 S/L 265.5 and T/p 269-271.5/274 upto 276.5 OR sell below 260.5 S/L 262.25 and T/p 258-57/255/ 253.5-251.5 upto 242 days to come (upside strong rally only on close above 267.5/277/288/295/305.5/316/321.5/ 328/331.5/348 while close below 250/ 235 bearish for medium term)