Technical report of commodity mcx 5th may 2014

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Gold on its daily chart took resistance around 28900, now if it maintain above this level then it may find resistance around 29200.

Business Economy & Finance

PIVOT TABLE
TECHNICAL VIEW
GOLD
COMMODITIES S1 S2 S3 R1 R2 R3
GOLD 28825 28750 28670 28950 29050 29200
SILVER 42370 42160 41940 42770 43035 43300
CRUDEOIL 5985 5960 5925 6030 6055 6080
COPPER 409.30 407.35 405.50 413.65 415.50 417.70
Gold on its daily chart took resistance around 28900, now if it maintain above this level then it may
find resistance around 29200.

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