Thursday, 27 November 2014

Gold demand weak December contact , sell crude oil today 27 November


Gold Silver weak trend today cause of global demand weak ,on mcx market gold traded below at 26250 while open at 26308, low of day at 26131, mcx silver open at 36454 and made low at 35802,now 2 pm traded at 36122, 
 
intraday trader can sell gold at 26250 target 26100/26000 with stoploss 26350
silver sell above 36200 target 36000,35800,35600 stoploss 36450
crude oil tips and trend:
crude oil looked under pressure before result of OPEC meeting , mcx commodity market crude oil down 2%above last two days,
today open at 4566 and made low of day at 4474, now traded at 4485 with loss of 94 point, December contact should more down fall above 4450 to 4400 level.
base metal copper and nickel look in green mode,
intraday trader should be buy at 404/405 target 408/411 stoploss 401

9 comments:

  1. Crude Oil January future has slipped nearly 2 per cent to $ 72.76.Brent Oil January expiry has also dropped 1.5 per cent at $ 76.51.Natural Gas January future is up 0.2 per cent at $ 4.341.
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  2. Crude oil prices dropped after OPEC increased signals that it would hold off making any major production cuts this week as regards Epic research.

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  3. SELL GOLD Dec below 26120 TGT 26080 & 26030 SL 26188.
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  4. December contract was trading at Rs 20991 up Rs 43, or 0.21 percent. The GOLDGUINEA rate touched an intraday high of Rs 21008 and an intraday low of Rs 20939. So far 466 contracts have been traded. GOLDGUINEA prices have moved down Rs 2111, or 9.14 percent in the December series so far.


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  7. * U.S. gold futures were up 0.1 percent at $1,260 an ounce.capitalstars

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