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MCX Gold Silver Updates
According to the research report Gold and Silver prices are expected to trade in a consolidate manner, taking cues from dollar weakness and upbeat market sentiments today. Prices slid listlessly after a gap down opening, which is likely to find support at 27900 region for a limited pull back .However, break below 27880 could elicit major selling pressure towards 27820/27700 or even lower towards 27620. Alternatively, break above 28120 region could see prices targeting 28220/28340.
Free Commodity Tips
MCX Gold June: Sell around 28,300 levels with a stop loss placed above 28,400 levels for targets of 28,100 levels.
MCX Silver May: Sell around 57,100 levels with a stop loss placed above 57,500 levels for targets of 56,500 levels.
MCX Crude April: Buy around 5,300 levels with a stop loss placed below 5,235 levels for targets of 5,450 levels.
MCX Natural Gas April: Buy around 112 levels with a stop loss placed below 109 levels for targets of 118 levels.
MCX Copper April: Sell around 438 levels with a stop loss placed above 441 levels for targets of 434 levels.
MCX Zinc April: Sell around 102.50 levels with a stop loss placed above 103.50 levels for targets of 101 levels.
