Today lead prices bullish At MCX meanwhile natural gas looks bearish| Evening commodity gold silver Trading level

On morning trade some depreciation had seen on white metal, today silver prices at Mcx for future delivery declined by more than 0.59 percent and touch a low of 41230 meanwhile some increment also has been watched on yesterday closing price of 41520 to 41548. on evening trade a mixed with high volume is expected above 41500. if we talk about yellow metal some notably changes had seen in overseas and domestci market , inspite of Dollar and Rupees Level gold prices climb in domestic market and many analyst believe that gold prices soon in this year touch the mark of 30,000. Today on intraday trading gold prices touch an intraday high of 28400 with a low 28064.

if we move towards energies commodity some increment are seen in Crude oil prices , today at MCX for future delivery crude oil open at 6414 , on intraday trading it touch a high of 6453 . however, today natural gas are trading in downside with a negative trend and touch an intraday low of 208.40 . on evening trade some correction are looking in natural gas at MCX.

On base metal a high increment are seen on the opening of month , today lead price touches an intraday high of 125.80 . on evening trade more correction are expected in copper and lead , today copper price at MCX touches a high of 424.15 after open at 421.55. today nickel prices and trading with mixed trend on intraday trading it touch high level of 852 and low of 844.50, on evening trading session same movement is expected at Multi commodity exchange.

Intraday Mcx tips

SELL GOLD AUGUST BELOW 28300 TGT 28250, 28200 , 28150 STOPLOSS 28430

SELL SILVER SEPTEMBER BELOW 41450 TGT 41380, 41300, 41200 STOPLOSS 41600

BUY NICKEL AUGUST ABOVE 847 TGT 849, 851, 853 STOPLOSS 841

BUY LEAD AUGUST ABOVE 127.60 TGT 128, 128.50 , 129 STOPLOSS 125.20

Why gold silver fall , today commodity movement and MCX gold-silver- metal tips for today

Today gold prices fall by more than 1400 and trading near 2 year low. On Monday morning bullion take a dramatic a unbelievable change on Indian commodity market.  MCX gold for June delivery  traded two year low on morning it open at 27450 and from that position yellow metal continue to worst performance.  Similarly the white metal also follows the same trend and fall deeply low near 10% today.  On Early morning it open at 48369 and touches an intraday low of 44543. While on US market gold for future delivery crosses the level of $1500 and many analysts believe that it’s not a good sign, gold price rose above $1580. Dollar price are struggling on FOREX market against EURO and fall by more than 0.5%.  On the MCX bullion prices are fall by a huge margin and people are dumping the gold for a little time. On the overseas market gold prices are trading low while some more falls are expecting in precious metal price. 

Base metal also trading on red side, on early trade some positive movement had seen on MCX nickel but sudden fall on precious metal affect base metal too. MCX nickel opens at 854 and touches an intraday high of 856.50 and low of 845. Today most base metals like copper, nickel, aluminum, lead and zinc all are looking bearish on MCX.  On MCX copper falls by more than -10 point for April delivery on today trading.

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Today  trading calls

Sell gold June below 26600 tgt 26550, 26500, 26400……..sl 26800

Sell silver May below 44700 tgt 44600, 44500, 44400……….sl 45000

Sell copper April below 394 tgt 392, 390, 385……….sl 403

Sell nickel April below 845 tgt 842, 839, 835……..sl 855

Sell mentha oil 987 tgt 985, 980, 977……sl 997