Pivot Points for MCX Metal traders on 21st September
|
|
R3
|
R2
|
R1
|
Pivot
|
S1
|
S2
|
S3
|
|
ALUMINI
|
116.03
|
115.37
|
114.13
|
113.47
|
112.23
|
111.57
|
110.33
|
|
COPPERM
|
464.10
|
460.75
|
456.45
|
453.10
|
448.80
|
445.45
|
441.15
|
|
GOLD
|
32167.33
|
32083.67
|
31998.33
|
31914.67
|
31829.33
|
31745.67
|
31660.33
|
|
GOLDGUINEA
|
25891.33
|
25830.67
|
25761.33
|
25700.67
|
25631.33
|
25570.67
|
25501.33
|
|
GOLDM
|
32160.00
|
32084.00
|
32017.00
|
31941.00
|
31874.00
|
31798.00
|
31731.00
|
|
GOLDPETAL
|
3233.67
|
3226.33
|
3220.67
|
3213.33
|
3207.67
|
3200.33
|
3194.67
|
|
LEADMINI
|
124.03
|
123.12
|
122.33
|
121.42
|
120.63
|
119.72
|
118.93
|
|
NATURALGAS
|
157.40
|
155.40
|
153.60
|
151.60
|
149.80
|
147.80
|
146.00
|
|
SILVERM
|
65512.00
|
65031.00
|
64704.00
|
64223.00
|
63896.00
|
63415.00
|
63088.00
|
|
SILVERMIC
|
65492.33
|
65018.67
|
64698.33
|
64224.67
|
63904.33
|
63430.67
|
63110.33
|
|
ZINCMINI
|
115.30
|
114.50
|
113.55
|
112.75
|
111.80
|
111.00
|
110.05
|
All the metals are
showing weak tendencies that could bring its price down.
Gold and silver are
consolidating as I wrote before. For long term investors the current price of
gold and silver looks attractive. The above chart of pivot points are for
day traders.
Happy trading!!
