Tuesday, 18 March 2014

Gold fail below $1360, before FOMC Meeting, live calls update today 18 march

Before FOMC meeting today bullion market fail 0.5% on comax as well as mcx market also , gold traded above 30300 and silver was traded at 46300.

rupee traded above 61.09 with gain of 0.10 paise, now pressure seen on gold , silver ,as meeting minuets FED taper $10 billion every month.
Crude oil trend: crudeoil look positive trend today open at 5970 and make low 5965 and now traded above 6012.
Base metal tips: mcx copper traded below 402.50, today open at 403 and high at 405.65 and low of day is 400.85.
commodity calls update :
sell gold 30300 target 30200,30100, 29950 stoploss 30450
sell silver above 46350 target 46200,4600,45850 stoploss 46700
sell copper above 404 target 401,398 stoploss 405.50
buy crudeoil above 6000 target 6020,6040,6060 stoploss 5965

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