Commodity Tips for Today

MCX Bullion Gold and silver good moment to sell on zone. Precious metals Gold has moved 1000 point morning to current levels, While silver have moved 2400 levels as same. However both metals are stand fully bearish zone.


Currently MCX Gold is trading at 33500 with in October future contract, we can expected gold may touch the 33000 lower levels, so you can sell MCX gold at current market levels and targets 33200.

MCX Silver also is trading 2200 point below due to previous close, current market price at 55000. You can Sell it current levels and targets 54900, 54800.

MCX GOLD:- MCX Gold trader can watch 32765 for down side and 33290 for up side. If MCX Gold run on down side, yet not broken levels of 32765 then sure immediate it will move to up and will brek the levels of 33290 then you can turn to second resistnace levels like 33400 to 33600 and 33700. 

If any condition 33290 not break then prices go down & break 32765 levels afater that 32600, 32500 comes.

MCX Silver Trading Levels:- We will seeing today Gold levels for trade 55290 . IF the levels break then price go up and we see 55400 to 55520 in up side 55618 levels watch. If that one break then more up side we see.

If 55290 not break then proces go down and try to break 53780 level if this one break then next is 53025 level so watch and trade.  

Good luck to alll  

Trading Free Calls 

 Gold: -Buy MCX Gold near around 33200 targets 33250 , 33300.  

Silver: MCX Silver Trader can Buy above 55300 targets 55400, 55500.

 Given the volatility of prices of gold and silver futures on the FMC decides to impose additional margins of 5 per cent. In addition, crude, metals and natural gas is also directed to set up 5 per cent margin.


Pack all non-agri commodity exchanges FMC also raised the initial margin of 5 per cent has announced. The margin of FMC's new rates will apply from September 2.

RS touching the lowest level so far has reopened. Clearly not being taken down by Rs seems to end.68.55 against the dollar in early trade, the rupee has fallen to record lows.


We are advices to all commodity trader be careful and watch dollar rate, becuse it's make new record every day. New high but bigger gap nothing to say for this market evry news and evry expert favor bullion gold and silver, Crudeoil, So we can see bad effect on economy. If you Small trader then stay on market at currently.

GOLD: Sell MCX Gold 32350 to 32300 targtes 32250, 32200 stop loss 70 point.
  

SILVER: Sell MCX Silver Near to 54700 targets 54600, 54500 stop loss 54750.  

COPPER: SELL MCX COPPER BELOW 480 august future contract targets 479, 478 stop loss 482.

 NG: Buy Natural gas above 233 targets 234, 235 stop loss 231.

  
LEAD: Buy MCX Lead Above 143 with in august future contract targets 144, 145.

Gold on MCX is looking Positive+Negative that means it's trading volatile in the domestic market. From morning to noon, the moment has 225 points only in MCX Gold today. Experts aren't find sure moment in gold. Currently Gold is trading at Rs 31790 for Oct delivery. Now I am Expected Gold will jump above at 200 Point . You can Buy it near to correct levels and targets 32000.  

MCX Silver also have moved 650 point in day. Currently it is trading above 497 point at Rs 53969 due to previous close. MCX silver highest levels is 54200, while lowest levels is 53550. All Day trader can Buy Silver current levels targets 54200.  

MCX Copper August future contract is looking positive for the day. Indian market may find resistance 480 to 482. Intraday support levels 475 to 474. you can Coper on dips.  
Crude MCX is trading green side you can buy near to 6875 targets 6900, 6915 stop loss 6850.