Mcx commodity market trading in red, gold and silver traded at down site before two session in this week we can see that commodity market showing bearish trend.yesterday silver closed at 47985 and down at 1.21 pm 379 points or 0.79% at 47606.We can see that gold moving in positive side after the noon session.
Mcx gold trading down with very few points we expected gold recover up and will go in positive zone. Whole mcxmarket are in consolidate note, Mcx copper trading with quite note,No change seen in evening session copper feb contract yesterday close at 446.60 today copper made a intraday high of 447.55 and touche the low level 444.90. Mcx crude oil trading red sign last two session. Mentha oil trading positive after the morning session up 0.23% or 1.80 points at 775.80.
Mcx gold buy above 29900 targets 30190/ 30230/30280
Mcx silver buy above 47500 targets 48560 stoploss 47000