Thursday, 20 February 2014

Gold Silver decline upper range, trading levels in Mcx before crude oil inventory

Gold silver both precious metal down in international market, comax gold slip down below $1315 and make low $1308 , while mcx gold traded above 29887 and make low 29830 so total 130 point down , intrday range between 3050 to 29700, so short position above 29980 target 29700

silver Trend: silver traded above 47389 ,make high 47592 and low level 47151, today range bound 47800 to 46800 level so sell above 47500 target 47000.
copper Trend update: mcx copper traded above 449 today make high 451 and low 447.85, intrday range between 453 to 445 of break 450 then buy target 453 and sell below 449 target 445.
Crude oil: today 9 pm crude oil inventory and before that crudeoil look in positive at 6422 ,make high 6437 and low level 6403, intrday rangr between 6456 to 6385 so keep buy position at 6410 target should be 6430,6450 stoploss 6389

1 comment:

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