Friday 16 May 2014

gold silver fail continue this week, positional trading tips


gold silver continue fail this week ,today open at 28351 and made low of day is 28060, mcx silver open at 41625 and made low of day is 41064, Indian rupee open at 59 and made high against dollar at 58.61 ,now close at 59 with gain of 30paise.

Base metal look negative trend today mcx nickel was uptrend only gain 25 point yesteday close below 1110 level, now traded above 1131,
mcx copper traded at 413.2 while open at 414.05 and made low of day is 409.85, aluminium traded at 102.85 and made low 102.3, high of day is 103.5.
crude oil trend: mcx crude oil morning time open at 6026 and made lo of day is 5974, noe evening time traded at 5995 with loss of 29 point.
Evening momentum calls for trading:
sell gold above 28200 target 28130,28000,27950 stoploss 28380
sell silver above 41350 target 41000 stoploss 41500
sell copper above 413.50 target 412,408 stoploss 415
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1 comment:

  1. Epic Research recommends Gold trading range for the day is 30792-32060. For more live precious metals news you can visit our blogs.

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