Thursday, April 19, 2012

MCX Gold and Silver Tips, Copper Updates Today 19 April 2012

Gold futures may trade sideways with downside remaining capped. Gold prices are expected to trade within a range from 28600 to 28400. Silver prices are expected to trade within a broad range from 56600 to 55300. MCX Copper futures may trade range bound wit upside being capped. Support for April copper is seen at Rs.414 while resistance is seen at Rs.422. Crude oil futures may trade sideways with a bearish bias. MCX Crude oil may trade in the range of Rs. 5380-5440 in today's trading session.

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