MCX commodity trend , Base metal affected by Trade balance data

Mcx commodity gold silver taken recovery while comax gold was below $1290 , nymax silver traded below $19.851, mcx silver traded above 43521 with gain of 140 point upside, after noon time led reduce to touch high 43687.

 

Base metal looked under pressure today , at 6 pm trade balance data will come then affect to copper and nickel , zinc was down 1% while aluminium,lead flat with red sign.

Crude oil trend: mcx crude oil taken recovery and traded above 5990 with gain of 42 point, natural gas increase 2 point at 241.30.

commodity calls:

buy gold 28210 target 28250/28290/28350 stoploss 28140

buy silver 43380 target 43550/43650/43760 stoploss 43200

buy copper above 430 target 432.5/435/438 stoploss 427

sell nickel above 1130 target 1122/1110 stoploss 1140