Tuesday, 15 July 2014

Commodity Gold Silver Trend Update 15 July || base metal, crude oil weak

mcx gold fail below 28000 level as well as on Comax gold slip down $1310, now after noon session gold traded above 27855 with gain of 90 point, mcx silver traded above 45100 with gain of 200 point.
Mcx copper traded range bound 435.5 to 432.5 , today support level at 430 and resistance level at 438,
aluminium open at 115.9 and made high 116.6 look up trend , Zinc ,nickel also look in green mode,
Crude oil trend: mcx crude oil support by rupee and traded above 6055 now, while open above 6074 made high 6088 and low of day is 6052 , nymax crude look down trend below $102
commodity calls:
sell gold above 27850/27900 target 27800/27750/27700 stoploss 28000
sell silver 45100 target 45000/44850/44700 stoploss 45300
sell copper 435 target 432/430/428 stoploss 438
sell crude oil 6070 target 6040/6010 stoploss 6100


  1. According to a leading Gold Trading Advisory Company, Gold trading range for the day is 27353-28509.

  2. Tata Sponge Iron has surged 8% after reporting an over two-fold jump in standalone net profit at Rs 44 crore for the first quarter ended June 30, 2014.
    Free Equity Tips

  3. Get Commodity calls on SMS before market opens and on a real-time basis with trading. Register your number and join us now.
    Intraday Crude Oil Tips