MCX Bullion , Base Metals, Energy Trading Tips (Gold, Silver, Crude, Copper):-
MCX Commodities Trading Tips:
1> GOLD : Sell around 29280 Stop Loss- 29400 Target-291002> SILVER : Sell around 53900 Stop Loss-54100 Target-53300
3> CRUDE : : Sell around 4870Stop Loss-4930 Target-4710
4> COPPER : Sell around 419 Stop Loss- 422Target-413
Bullion Updates-Gold & Silver : Gold slipped, on course for a second straight week of losses. Spot Gold is currently trading at $1559.50. MCX Gold August is currently at 29258, it is trading down by 174 points for the day. Comex Silver is currently trading at $27.81 whereas MCX Silver July is currently trading at 53809, it is down by 301.
Base Metals & Enegy Updates: All base metals are trading on a negative note today. Copper traders are the most bearish since September and hedge funds are betting on price declines. Oil fell from the lowest close in seven months, heading for the longest weekly losing streak in five and a half years. Oil for July
delivery fell as much as 63 cents to $85.90 a barrel. WTI Crude Oil is currently trading at $86.53 per barrel. MCX Crude Oil May is currently trading at 4864, it is trading down by `55 for the day.
Important data to be released today:-
Non-Farm Employment Change, Unemployment Rate, Average Hourly Earnings m/m, Core PCE Price Index m/m, Personal Spending m/m and ISM Manufacturing PMI.
Get All Commodity Tips on Ur Mobile By SMS. Just Fill The FREE TRIAL Form.
0 comments:
Post a Comment