MCX gold silver sluggish | Natural gas prices drop after a good rally

After yesterday gain gold silver fail to continue its positive rally and showing a down trend since opening. Gold trading negative declined by 0.57% to 28414 at Mcx. On evening trading yellow metal expected to trade volatile in favor of bearish trend.



After a long positive rally Natural gas prices declined little on Friday last trading session of the week. On Friday morning natural gas prices drop by 1.11% to 276.40. small correction is expected on evening session Around 279



buy gold feb above 28500 tgt 28560/ 28630/ 28700 sl 28400



buy silver mar above 44800 tgt 44900/ 45050/ 45300 sl 44700



buy nickel dec above 881 tgt 884/ 887 / 890 sl 877

11 nov MCX evening updates | commodity trend and tips for today | mcx trading level

Their is no such major movement had seen on Monday two session of commodity trading, Mcx market are trading in positive zone but movement not satisfy the investor. Gold for future delivery expected to bound in the range of 29500 and 30000 in today trade. While white metal for delivery in December gain 0.36% to 48317 however made a intraday high of 48500. on evening session both the precious metal expected to run in green zone with a positive trend.

If we look at out crude flat trend is seen while graph showing a consolidate position around 6000 to 6050. today market is not looking in a mood to trade high due to US market close .

On MCX base metal copper and nickel price show some movement is seen in morning session after all not such healthy return is seen in afternoon trade. If we look on evening session some movement is expected above their opening position.

Buy gold dec 29800 tgt 29830/ 29875/ 29950 sl 29670

buy copper nov 458.25 tgt 459/ 460/ 461 sl 455.50

buy nickel nov above 883.50 tgt 885/ 887/ 890 sl 878

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Evening gold silver tips || Dollar break a 8 month low below 62 || base metal going to fall on evening session

Dollar touch a 8 month low today , rupees strong against dollar on Thursday trade by gain 0.72 paise to 61.76 at inter bank foreign exchange. Indian bullion market are positive in today trade, on Thursday early morning gold made a high of 30120 while silver made a high of 48729.

on evening trade some negative trend is looking in bullion prices , gold prices expected to fall in downside below 30000 while silver may be seen downside below 48000.

a sharp fallen is observed in copper prices on evening session, today copper are volatile on morning trade while on evening a bearish trend below 457. on all base metal a heavy declined is especially in nickel, zinc and copper.

However in energies commodity crude oil shown consolidate position near 6440 since morning at MCX. If rupees close more bearish below 62 then crude oil might be seen in downside below 6400.

SELL GOLD OCT BELOW 29880 TGT 29850 / 29800/ 29700 SL 30025

SELL SILVER DEC BELOW 48200 TGT 48100/ 47950/ 47800 SL 48600

SELL COPPER NOV BELOW 457 TGT 456/ 454.50/ 453 SL 460

27/08/13 Today Rupees made new life low of 66.08|| intraday gold silver tips for today for evening trading

On Tuesday at Interbank foreign exchange, Rupees fall by 177 paise against US dollar to 66.07 per dollar, rupees continue falling against strong US currency due to increment in Dollar demand from banker and persistent capital outflow.

Due to weak currency Indian share market are fall in negative side , today SENSEX fall by -554.86 to 18003.27 while NIFTY fall by -177.05 to 5299.45 on day trading.

But declination in Rupees support yellow metal to jump in market, on intraday trading gold prices for future delivery jump by more than 3% and touch an intraday high of 32933 per 10 gram. More increment are looking on day trading and expected to crosses the new record of 33000 and more in upcoming session. While silver prices again show the level of 55000 per kg at MCX after a long time. Silver prices for future delivery look more high on evening trade and expected to cross 56000 on today trade.

BUY GOLD OCT ABOVE 32750 TGT 32850, 32940,33050 STOPLOSS 32600

BUY SILVER SEP ABOVE 55300 TGT 55400, 55550, 55700 STOPLOSS 54950

BUY CRUDE OIL SEP ABOVE 7000 TGT 7015, 7030, 7050 STOPLOSS 6950

BUY NICKEL AUGUST ABOVE 942 TGT 945, 948, 952 STOPLOSS 933

Evening MCX commodity Prediction|| today gold silver weak on intraday trading & intraday trading calls for MCX

After morning positive trade domestic MCX market seems to turn in red side, hot gold and silver for future delivery gain some correction in morning session but low overseas support and Weak US jobs data forcing the market in negative side. If we move towards base metal a weak and low movement are seen on intraday trading today MCX copper for future trade fall from opening position and touch an intraday low of 425. some positive correction is expected in metal on afternoon trade at MCX. MCX nickel and Lead prices are hopes to some gain in noon meanwhile in evening trade some positive volatile data is expected.

MCX energies commodity are negative on intraday trading , MCX crude oil prices for future delivery fluctuate on day trading on Monday fresh start. At MCX crude oil is open at 6532 and touch in intraday high of 6560 with a low of 6518. Mentha oil for future delivery are weak but positive on MCX , a low trend is seen on intraday trading on evening trade . Today it touch a low of 879.20.

Intraday calls

BUY GOLD OCT ABOVE 28050 TGT 28100, 28150, 28250 STOPLOSS 27870

BUY SILVER SEP ABOVE 41980 TGT 42050, 42130, 42250 STOPLOSS 41800

BUY COPPER AUG ABOVE 427.50 TGT 428, 429, 431 STOPLOSS 425

22/07/13 Evening intraday free commodity tips || Today MCX tips and free trial offer || Live chart

After morning initial gain market is trading steadily, today at MCX bullion gain a high point for future delivery. On evening trade more increment are looking in domestic commodity market. Crude oil also trade in positive side with low movement and expected to trade near 6500 on evening session. Base metal looks to jump in evening session, a good trade are seen on aluminum for future delivery at MCX, today MCX aluminum for future delivery touch an intraday high of 107.80 after opens at 106.55. MCX copper and nickel also gain some mild correction for future delivery.

BUY CRUDE OIL AUGUST ABOVE 6465 TGT 6475, 6480, 6500   STOPLOSS 6415

BUY ALUMINUM JULY ABOVE 107.50 TGT 107.80, 108.30, 109   STOPLOSS 106.30

BUY ZINC JULY ABOVE 110.30 TGT 110.50, 111, 111.40   STOPLOSS 109

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