Weekly Commodity Market News By Epic Research 07th July- 11th July 2014

INDORE, India - July 7, 2014 - PRLog -- GOLD MCX TECHNICAL VIEW

Major movement in GOLD MCX on Friday. Short term trend is down , GOLD MCX CLOSED @

27557.Friday Gold Recover

from bottom @ 27363,.for keep a close eye on US data, Volatility may Rule the overall market due to

USD/INR MOVEMENTS

SILVER MCX TECHNICAL VIEW

Major movement in SILVER MCX on Friday Short term trend is down, SILVER MCX CLOSED @

45048.Friday Silver Recover

from bottom @ 44300, .for keep a close eye on US data, Volatility may Rule the overall market due to

USD/INR MOVEMENTS

BUY SILVER (SEP) ABOVE 45250 TGTS 45750/46100 SL 44700

SELL SILVER (SEP) BELOW 44650 TGTS 44300/44000 SL 45100

CRUDE OIL MCX TECHNICAL VIEW

TRADING STRATEGY:

Short term trend of crude oil is down trend.Recently Price has return from resistance @ 6499 ,After

that crude oil price made lower low and previous week closed @ 6222,down 142 point.

If Crude oil Price break lower level6190 and close blelow this level. It may test new support 6050.

Expected trend for weekly: down trend

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