On second day of week bullion fall in down track, today at MCX gold prices are declined by more than -200 point after open at 26426 for June delivery. Similar trend also follows by Comex gold which is declined by -13.70 or 0.98% to $1378.10 at 2:36 pm. On intraday trade gold prices are expecting to trade bearish in evening session. In physical buying gold prices are declined by more than 15% in last one week and same trend are looking to be followed in this week.
MCX silver are also trading flat in negative side, today for July delivery it open at 43550 and from that position it continue falling and touched and low of 43016 ,more declined is looking due to falling in demand in domestic market. In evening session gold and silver both are expected to trade low with small correction at MCX.
Brent crude gain 4 cent to $102.66 a barrel in global market while in domestic market it increase by more than +90 point at MCX. Today it open at 5226 and on intraday market it touch a high of 5310 with a low of 5223. Crude oil for June delivery expected to go high in evening session. A good recovery had seen in base metal after opening at red side on early Tuesday. Today all base metals are open in down side but as day passes red color turn to green, MCX copper and nickel are showing a bullish trend domestic market.
FOR REGISTRATION FILL TRIAL FORM
Sell gold June below 26250 tgt 26200, 26150, 26050…………sl 26500
Sell silver July below 43200 tgt 43150, 43050, 42900……………sl 43600
Buy nickel above 824 tgt 826, 828, 830………..sl 815
Buy lead above 117.30 tgt 117.50, 118, 118.30…………sl 116.30
Buy copper above 409.50 tgt 410, 411, 412.50………..sl 406.50
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