Friday, 14 February 2014

weak dollar increase precious metal price,gold@ 1319.60$

evening momentum trend in mcx market gold traded make high at 29390 and traded above 29360, silver traded above 45904 make high 45990,
intraday gold trend: upside should be 29480 and down side 29280, advice on Gold buy 29350 target 29400,29450,29500 stoploss 29230
intraday silver trend: upside should be 46300 and sown side 45500 so buy silver 45750 target 46200 stoploss 45400
mcx copper trend: copper and crude oil looked under pressure today, so keep short position above 447 target 442 stoploss 450
crude oil trend : sell crude oil above 6200 target 6180,6160,6150 stoploss 6230


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