gold silver looked in recovery moods afternoon time of ,
mcx gold traded above 27850 with gain of 95 point and silver 42230
with gain of 150 point, rupee stable at 60.5225.
mcx trader can hold buy position in gold at 27800 it should be touch 28000 level on next week.
comax gold traded aboe $1281.14 while made low of day at
$1276.2, nymex silver traded at $19.542, recovery taken at $19.39.
base metal copper ,aluminium, lead and zinc traded
positive, while nickel was down trend.
Copper resistance and support:
resistance at 428/431/435 ,Support level at
422.5/419/415.6
Crude oil and natural gas trend:
crude oil open at 5741 and high at 5741 while low of day
at 5688, sell above 5715 target 5680/5660 stoploss 5725.
Natural gas lloke in red sign while open at 234.2 and
made high 234.7, low of day at 232.8 ,sell above 234 target 230/228
stoploss 237
mcx bullion metal calls:
buy gold above 27800 target 27850/27900 stoploss 27740
buy silver 42200 target 42300/42400 stoploss 42100
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Brent fell for a second day amid speculation that Middle East crude supplies will remain safe amid turmoil across the region. West Texas Intermediate was steady after a technical issue disrupted electronic trading.
ReplyDeleteCommodity Intraday Tips
GOLD (5 DEC.) TREND: CONSOLIDATE
ReplyDeleteRES 1: 26950
RES 2: 27100
SUPP 1: 26550
SUPP 2: 26400
STRATEGY: SELL ON HIGH equity tips
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