Today gold and silver are on bearish node since it opening on domestic Multi commodity exchange. Some corrections are looking on intraday trading on evening trade at MCX on bullion and expected to trade with a volatile trend. If we talk about energies crude oil are looking to move upside with increment in its current position, currently crude oil are looking in good position with bullish node and expected to trade above 5710. While on other hand natural gas and mentha oil for future expected to make small correction on its current position, mentha oil for future active delivery are more volatile on day trading and might be make a high jump above 1020.
While base metal are making a correction on its opening position and try to recover on intraday trading. In evening trade MCX copper, nickel, and zinc are moving in green side for future active trade.
Buy silver July above 40850 tgt 40900, 41000, 41300…………….sl 40300
Buy copper June above 402.50 tgt 403, 404, 406……….sl 398
Buy nickel June above 822 tgt 824,827,830………sl 810
Buy crude oil July above 5740 tgt 5745, 5755, 5065………..sl 5715
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