Yesterday worst session taking a break on Thursday morning most traded yellow metal for future delivery open at 26151 for August delivery at Multi commodity exchange. On morning trade MCX gold price expected to trade on bullish side with a positive session.
S1: 25950, S2: 25800
R1: 26358, R2: 26502
If we talk about white metal it opens in downside with a decrement of -66 point at 36502 for July trading delivery at MCX. Yesterday silver fall more than -1700 point on Domestic commodity market meanwhile a positive reaction had seen on early hour of trading on Thursday.
Sell gold August below 25960 tgt 26930, 25850, 25800 stoploss 26100
Sell silver July below 39300 tgt 39250, 39150, 39000……….sl 39800
BUY NICKEL JUNE ABOVE 830.50 TGT 832, 835, 840 STOPLOSS 820
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