MCX tips: today gold silver trading position || Live commodity market updates and evening MCX recommendation

Base metal:-

Today Indian commodity market look bearish rupees recovering at forex trading. At Mcx copper for future delivery look in downside , on intraday trading it open at 462.60 and advice to sell in deep with a stoploss of 475. Nickel also following a same trend with a support of 846 and a resistance of 900.

bullion :-

Mcx gold and silver look in downside , silver prices expected below 49000 per kg in today intraday trade. While gold for October delivery are sluggish and negative on day evening session. Sell both the metal for short target in gold while sell silver with large target.

energy:-

in energies no positive fall is looking in today evening session but if dollar prices closes positive then might be mild correction in watched in crude oil. Today crude oil open at 6536 and made a high of 6546 with a low of 6498 per barrel.

Mentha oil and natural gas are volatile on Tuesday trade, natural gas is expected to bounce back at MCX on evening session. While mentha oil are bounded in the range of 880 to 845.

today MCX tips

SELL GOLD OCT BELOW 29670 TGT 29620/ 29570/29500 SL 29800

SELL SILVER DEC BELOW 48650 TGT 48550/48400/ 48000 SL 49100

SELL MENTHA OIL SEP BELOW 865 TGT 862/ 859/ 850 STOPLOSS 875

16/08/13 MCX tips: Today commodity overview | MCX gold silver bullish on evening trading and intraday gold , silver tips for today

Today on friday morning a huge correction had seen on gold and silver prices. Gold for future delivery at MCX up by more than 3.50% and crosses the mark of 30,000 per 10 gram. Whereas ,Today global gold prices also rose by 0.50 % to $ 1372.97 an ounce in singapore. Similar trend in also seen in silver price for future delivery which today climbed up by more than 7% and touch an intraday high for September delivery to 50219.

In base metal , today MCX copper for future active delivery open at 451.90 and touch and intraday high of 464 by rose 2.16% at MCX. In coming session more increment are looking in copper prices due to support from overseas and domestic market. Similarly nickel prices rose up by 1.33% and touch an intraday high of 927.70. on intraday trading Mcx lead and zinc also made a sharp correction on friday morning lead up by 1.81% to 138.80 and zinc up by 2.16% to 121.60 at MCX.

Energies commodity at MCX also make a good rally on intraday trading. Today crude oil prices up by 1.59% and touch an intraday high of 6677. on domestic market due to increment in crude oil prices Petrol prices alo looking in higher bit. Mentha oil also supporting a bullish trend at MCX and make a intraday high of 865. However natural gas for future delivery made a high of 213.30.

FILL  TRIAL FORM TO GET JACKPOT CALL 

for long term investor this is a good time to book profit in bullion for gold wait 33000-38000 while in silver wait for 54000-56000 in coming session.

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BUY GOLD OCT ABOVE 30100 TGT 30170, 30280, 30400 STOPLOSS 29800

BUY SILVER SEP ABOVE 49150 TGT 49300, 49400, 49600 STOPLOSS 48700

SELL CRUDE OIL AUG BELOW 6630 TGT 6620, 6600, 6570 STOPLOSS 6690

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Government raise Import duty on gold and silver both to 10% || evening MCX gold silver tips|| crude oil volatile on evening trade

Today once again government has raised an import duty to curb the sale of gold and silver. Import duty on gold raised to 10% from the existing 8% , however on silver it comes to 10% from 6%.
today on intraday trading gold price for future delivery touch a high of 29333 and low of 28720. After this report a negative impact must be seen on Indian commodity market and on evening trade a bearish trade is looking at MCX. Similar trend is also going to seen in white metal on evening trade.
On morning trade a high positive volatile movement is seen at MCX , in base metal MCX copper for future delivery touch an intraday high of 450.60 with a low of 446.20. today MCX crude oil open at 6505 and touch an intraday high of 6550 on evening trade MCX crude oil for future delivery look to be volatile at MCX in bearish side. MCX nickel made a good correction form 2 day and crosses the level of 900 today and touch an intraday high of 914.40.



SELL GOLD OCT BELOW 28900 TGT 28850, 28750, 28600 STOPLOSS 29200
SELL SILVER SEP BELOW 46400 TGT 46300, 46200, 46000 STOPLOSS 46780
SELL CRUDE OIL AUG BELOW 6530 TGT 6520, 6500, 6580 STOPLOSS 6575