Today all the commodities are down and it may possible that it will suffer more bearish trend in next some trading session. Gold is down to 2.30% over the last closing, silver is down to 8.14% over the last trading session. And same thing happen with the other commodities.
So Here are some recommendation for short term-
we advice Investors to take short term sell position in MCX Gold (Dec) contract at opening price with target of 27000 and stop loss of closing above 28000.
we advice Investors to take short term sell position in MCX Silver (Dec) contract at opening price with target of 55500 and stop loss of closing above 58000.
