MCX Gold Silver Tips
COMEX Gold 0.1% and Silver 0.2% are broken. MCX Gold completely flat and is trading around Rs 30,000 while Silver by flattening is trading around Rs 53,000.
Gold August Futures, Sell - 30050, Stoploss - 30 170, Target - 29 860.
Silver July Futures Sell – 53100, Target – 52,500, Stoploss - 53 550.
NYMEX Crude Oil on light pressure but the price has come down to $ 79.50. MCX crude oil is trading at Rs 4550 with 0.5% jumped. Pressure is visible on MCX base metals. Aluminum, lead and zinc decline by 0.25 to 0.4%. Copper and Nickel are traded flat.
MCX Natural Gas Tips
Natural Gas July Futures Buy - 155, Stoploss – 150, Target – 162.