MCX Gold current trend suggest that prices are trading near support at 30750 levels. RSI is building strength. We expect prices to go up to levels of 31000. We suggest a Buy in Gold around 30750 levels with a stop loss placed below 30650 levels for targets of 31000 levels.
MCX Silver Tips:
The technical chart of Silver suggest that prices are trading in the range of 57200 to 58500 levels. RSI is in a buy mode. We expect prices to go up to levels of 58500. Buy is suggested in MCX Silver around 58000 levels with a stop loss placed below 57700 levels for targets of 58500 levels.
Crude Oil Tips:
In MCX Crude oil it is showing a bullish trend. Crude Oil suggest that prices have reversed after taking support at 5000 levels. MACD is in a buy mode. We expect prices to go up to levels of 5170. We suggest a but to get the target of 5186.
MCX Copper Tips:
Base metal futures on the MCX were trading in a range tracking the trend on the London Metal Exchange. Copper suggest that prices are trading near the crucial resistance of 454 levels. RSI is in a sell mode. We expect prices to correct up to levels of 445
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