After a long time gold price look in such color, on intraday trade gold price touches a week high. In global market it at Singapore it touch an high of $ 1410.51 highest since May 22 while on early morning it touch a low of $1388. . In domestic market at Multi commodity exchange today it open at 26636 and touched an intraday high of 26899 with a low of 26555. In today evening trade gold are looking bullish at MCX. While silver also following the same trends and touched an intraday high of 44249 after opening at 43590 ,today silver are much volatile in domestic market and in early morning it touch a low of 43526.
Mcx crude again falls by sharp edge in today trade, after opening at 5269. In today trade crude support bearish trend with an intraday low of 5204, in evening session crude is expected to trade more in red side.
After opening at downside base metal are turn it direction to green side at MCX. Copper, lead, zinc are moving with green flag while nickel following the downtrend. In evening trade base metal are looking to trade in green side while some small correction might be seen in nickel near 7 pm.Today mentha oil is full on bearish note, today mentha oil for May delivery open at 924.20 at Multi commodity exchange. Today no positive sign are look on morning and afternoon session while some corrections in mentha oil price are going to seen in evening commodity trade. Today it touches a low of 899.50.
Today MCX calls
Buy gold above 26800 tgt 26850, 26900, 27000+++………sl 26400
Buy silver above 44100 tgt 44200, 44300, 44400 +++………………..sl 43500
Buy copper above 411.50 tgt 412, 413, 415…………sl 407
Buy nickel above 827 tgt 830, 832, 835……………..sl 818
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