Tuesday, 18 February 2014

comax gold down below $1220, Operator base call in commodity

morning time in mcx gold look down trend , most of factor to down up side global market comax rate slip down after touch $1232.1, now gold traded at 30050 level with loss of 110 point,

mcx gold trend : gold made high 30150 if break high 30150 then 30300 and down side if break 30000 level then 29880,29700 .
silver trend: mcx silver traded above 47320 with loss of 415 point after touch today high 47590. if break 472000 level then 47000, 46800 level shoul down side and up side 47750.
mcx copper trend: on comax copper look down trend at 448.50 level sown side if break 445 then 442 should be touch , up side 450 break then 453.
crudeoil trend: next two day crudeoil expiry will come and look positive trend, up side touch 6300 and sown side 6210 break then6185.

commodity calls:
sell gold 30100 target 29950,29880 stoploss 30156
sell silver 47550 target 47200,47000,46860 stoploss 47800
sell nickel 892.50 target 889,885 stoploss 895


  1. gold and silver down trend, and crude oil not moving more than 10 point, thanks for nice posting

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