Monday, 19 December 2011

Copper & Gold Intraday Tips


Gold (MCX-Feb'11): Sell! Sell! Sell! No need to think to go long at this level. Very soon gold is going to touch 26800.
Today's Tips: Sell Gold below 27505. TGT- 27350. SL- 27656.

COPPER (FEB. 2012)

Previous week, copper broke major support level of 411 and finally made a low of 385. Overall trend is bearish and sell on rise strategy. Now resistance at 400-401. Downside support at 380-375 to watch out, once break and trade below bears may show power.

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