MCX Silver Tips~Gold Updates~Commodity Trend Today 3 July

MCX Intraday Commodity Tips Trading Levels & Market Updates : Gold Silver Crude Copper Nickel Natural gas For Today 3 July: 

MCX SILVER TIPS TREND & Outlook For Today 3 July: Silver futures prices are also rising at strong international market's trend and the Euro would have supported the metal. Silver may be demanded as haven along with gold. Reports says that ECB to cut its mainframe interest rate which would be supportive for the Euro. Also the US  factory orders are expected to decline. Hence, silver is likely to stay elevated for the day and we recommend staying long for the metal from lower level.
1> SILVER MCX Jul: S3-53024 S2-53120 S1-53305 R1-53665 R2-53803 R3-53927

GOLD UPDATES & Trading Trend For Today 3 July: After springing back yesterday, gold futures prices have declined at weak international markets. Asian shares would have plunged but the contraction in US manufacturing raised expectation for the Fed which would have kept the market sentiment buoyed.  The Euro is standing firm against the dollar and supporting bullions. We therefore expect gold to remain strong for the day. It is expected that gold will remain strong for the day and hence recommend staying long from lower level.
2> GOLD MCX Aug: S3-29476 S2-29520 S1-29587 R1-29733 R2-29799 R3-29844

Energy & Base Metals Trading Levels For Today 3 July: 

3> Natural Gas MCX Jul: S3-151 S2-152 S1-154 R1-158 R2-159 R3-160.2
4> Crude Oil MCX Jul: S3-4523 S2-4551 S1-4591 R1-4683 R2-4725 R3-4752
5> Copper MCX Aug: S3-423.7 S2-424.6 4 S1-25.6 R1-428.3 R2-429.7 R3-430.4
6> Nickel MCX Jul: S3-924.8 S2-927.3 S1-930.8 R1-938.7 R2-942.4 R3-944.8

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