Why MCX gold and silver cues in reverse direction in domestic and overseas market || monday movement||

Why MCX gold and silver cues in reverse direction in domestic and overseas market  

Commodity market in this month show lots of color in base metal as well as precious metal. In global market US dollar makes more correction against EURO. Euro diminish continue in global market and fall by   more than 1% against hot currency of US.  Currently Euro is under fully control but it affects the global market. Especially Asian commodity market are disappointed by this news and unable to control the movement, bullion market comes to 2 year near low.  

If we talk about Indian market gold and silver low more than -1000 point in gold in this week and comes below to 26000. Currently in domestic market gold price are floating in negative note at 25800 and expected more down reaction. While in New York electronic buying gold prices are down by more than 1.89% at   $ 1358.30 an ounce. In upcoming weeks gold and silver are predicted to be more red in overseas and domestic market.  

White metal on Domestic market expected to come near 41000 in upcoming weeks, silver price are trading under pressure on the track on gold. MCX silver for future delivery fail to gain a investor because of low trend, and weak US job data and Euro Zone report limited the white metal.

Many people thinking that this year a boom on precious metal but I personally suggest  that this year market is volatile in bullion and good for base metal  that going to over range with a slow movement. Time has come to hold a strong hand that is other metal like copper, nickel, zinc and nickel. You also have a good option of cotton that is top gainer in previous month and making a incredible changes in green side, cotton prices soon crosses the mark of 18000 and above for May delivery.

While natural gas and mentha oil are also a good option for trader to work on, mentha oil in domestic market performing well with a good trading level. MCX mentha oil for May delivery experienced more rises, currently mentha oil is at 946.50 at 12:35 pm. Movement is natural gas is not high but sufficient  for new trader to  earn a healthy  profit from MCX market.

Crude oil market also stimulates the market jump, global crude position give some advanced to domestic trader at MCX. In upcoming week crude oil movement are going to jump more with some volatility in trend. Crude oil is trading with a good support in market. Crude oil passes above 5300 and a good demand are generated in market overseas market.

I personally advice the trader to trade in commodity market  with always a STOPLOSS  and  take a commodity tips form a good advisory like us  that give a chance to prove themselves  with a free trial .

For more free commodity tips regularly visit my blog 

17/05/13 MCX: silver| gold metal trend & tips | free commodity calls for today

Base Metal

On domestic market base metal are trying to recover against weak international cues. Today MCX copper for June delivery open at 401.40 and show a bullish trend with some negative flashes. On intraday trade MCX copper for June delivery touched a high of 406.30. Some more green color going to seen in evening trade at MCX.

Today MCX nickel for May delivery open in green side against its previous close, nickel open at 817.40. Nickel price move up by more than 050% today and some positive fragrance also seen in upcoming day in overseas market.  At, LME (London metal exchange), nickel traded at $ 14,900 per tones and also favors the domestic market trend. 

Lead, zinc and aluminum also follows positive trend and supporting a good level in overseas market.  Today leads for future delivery open at 109.40 and touched an intraday high of 110.45 and experienced higher trend with day passes.

Aluminum on intraday trade looks more positive in domestic market and expected to trade with a good range. For today trading aluminum are expecting to trade between 100.50 to 102.50 .

BUY LEAD MAY ABOVE 110 TARGETS 110.5, 111 , 111.5 STOPLOSS 109.1

BUY COPPER JUNE ABOVE 403 TGT 404, 405, 407   STOPLOSS 399

BUY NICKEL MAY ABOVE 819 TGT 821, 823, 825 STOPLOSS 813

GET 2 DAY FREE TRIAL IN MCX METAL FOR MORE FILL FREE TRIAL FORM 

 Precious metal

Bullion looks bearish again on 5 day continue, gold prices following low level after opening at 26044 and follow a down trend with some volatility in early hour of trade. On intraday market gold for June touched a high of 26142 and low of 25926. While silver again fell to hold its ordinary show and drop down with a low of 42762 on intraday trade.

SELL GOLD BELOW JUNE 25970 TGT 25940, 25910, 24970    STOPLOSS 26970

SELL SILVER JULY BELOW 42850 TGT 42800, 42700, 42600   STOPLOSS 43100

  

16-05-13 Commodity face- MCX copper|nickel trend and Live free commodity tips for today

Commodity market continue its worst show on Thursday also, market open with a mixed dull reaction. Bullion market again fell to open in green side; this is a very disappointing situation in front of bullion trader. Global market also in trade in downside, all metal are on red side on looking very dull to recover its position. At Singapore gold almost dropped to 1 month low at $ 1374.99 an ounce, gold is very near to fall against its 3 year low.

Similar situation also seen in US that drops by more than 1.50% at $ 1377.20. In Indian market at Multi commodity exchange on Thursday gold prices are open at 26222 against its previous close is Rs 26310. On intraday trade for June delivery it touched a low level of 25898 and more depreciation are expecting in evening trade. Today Silver for July delivery falls by more than -900 point on intraday trade at MCX. It opens at 43184 and it show some positive movement in the first hour on trade and then falling after touching an intraday high of 43259 with a low  of  42281.

Sell gold June below 25970 tgt 25930, 25890, 25850……sl 26100

Sell silver July below 42450 tgt 42400, 42350, 42200……..42700

   

FOR FREE TRIAL FILL FORM ON THE RIGHT SIDE

Intraday call

Sell crude oil May below 5130 tgt 5120, 5110, 5100……sl 5160

Sell copper June below 395 tgt 393, 390…………sl  400

Buy nickel May  above 815 tgt 817 , 819, 822…………sl 808

FOR MORE CALLS visit commodity tips  

Today MCX Natural gas on bullish side|crude fell in overseas and domestic market and Live MCX trading calls for 15/05/13

Domestic commodity market is struggling with a bearish movement; at Multi commodity exchange market is full of red.  Global market also fails to control the bearish movement of commodities. On Wednesday morning MCX gold for June delivery fail to open in positive side in this week. Today it opens at 26700 and touched an intraday low of 26406. Euro touch 6 week low against US dollar affected the Asian Market.  In US market gold for June delivery fell by more than 1% to $ 1408.20 an ounce. Meanwhile MCX silver fighting with a low demand and Euro data, today at Multi commodity exchange it open at 44400 and fell to hold the positive flag after moving on upside. On intraday traded it touch a high of 44439 with a low of 43573.  At multi commodity exchange no positive response had come and expected more bearish trend in evening session.

SELL SILVER JULY BELOW 43750 TGT 43700, 43600, 43500……STOPLOSS 44000

SELL GOLD JUNE BELOW 26470 TGT 26440, 26400, 26350……..STOPLOSS 26590

Global crude oil fail to control the trend and its impact had seen in domestic market. MCX crude continues to fell in domestic market and touched two week low. Today crude for May delivery open at 5186 and touched a low of 5117. In domestic market crude oil is trade in the range this year between 5050 to 5280 form January and no positive movement is expected today in MCX.

FILL FREE TRIAL FOR
 MORE ACCURATE COMMODITY CALLS

SELL CRUDE OIL MAY BELOW 5130 TGT 5120, 5110, 5100……..STOPLOSS 5160

Natural gas is trying is recover on MCX, on domestic market natural gas success to generate the demand. At MCX natural gas for May delivery open in green side at 219.80 and touched an intraday high of 221.80 and low of 219.30. More correction is expected in natural gas in upcoming week due to uncertain rising in demand.

BUY NATURAL GAS MAY ABOVE 221.50 TGT 222, 223, 224.50 ..STOPLOSS 218.50

Evening Support and Resistance for silver-gold || gold silver movement and intraday free commodity tips for today

Today commodity market fall are on bearish side, most commodity are traded on negative side. Bullion market is full on red no correction had seen in gold and silver since its opening position.  On domestic market at Delhi silver prices are fall by more than 0.50%. On MCX silver for July delivery fall by more        - 476 point and touched a low of 44617. Some correction might be seen it evening session.

Support and Resistance

Support 44510, 44400

Resistance 45100, 45300

Similarly trend  are following by yellow metal, morning session some positive movement had seen in gold price after opening at 26855 and touched an intraday high of 26918 with a low of 26737. Today gold is expected to trade in the range of 26700 to 27200.

Base metal show a choppy trend at Multi commodity exchange, today copper, nickel, lead, aluminum and zinc all are looks dull. No positive movement had seen in MCX copper for May delivery from its opening position, on Tuesday it open at 407.80   and touched an intraday low of 399.40. While nickel, lead and zinc are watched on green side for some time. Nickel traded in the boundary of 840 today with a high of 839.90.

Lead trade near of 110 to 107.

Zinc traded in the range of 100 to 101.50.

Behind big commodity in red side Mentha oil are on its high, today at Multi commodity exchange it open at 916.90 bit high against its last close, and touched an intraday high of 923.90.

 Today commodity tips

Buy gold above 26800 tgt 26850, 26900, 26950…………stoploss 26650

Buy silver above 44600 tgt 44700, 44800, 45000………….stoploss 44200

Buy mentha oil above 919 tgt 922, 925, 928………stoploss 910

For more call fill trial form

Today Accurate MCX silver-gold trading tips & Live intraday commodity metal tips for 13/05/13

Today commodity market is on worst side, all commodity are playing towards the back side from its opening position. Today bullion is on its toe, on Monday morning gold prices are open at 26888 and continue fall to hold its position and comes to intraday low of 26755. On overseas market gold fell more than 1 percent, gold price had fall by more than $ 12 an ounce to $1436.

Intraday Resistance    270501, 27200

Intraday support 26610, 26500

Silver for July delivery are trading on dull side, on intraday market at MCX it open at 44901 with a high of 45250 and low of 44861. Some correction might be seen on evening trade but if we talk about overall trend bullion are expected to trade with flag.

 Intraday Resistance 45380, 45510   

Intraday support 44850, 44700,

Crude on intraday fall by a sharp edge, on MCX it open at 5237, on morning session it shows some high move but fail to continue to same movement and touch an intraday low of 5224 with a high of 5246.

While MCX metal shows some positive remark on early trade, copper for June delivery touched an intraday high of 411.55 and with a low 407.30 after open at 409.20. Today on domestic market copper are looks more sluggish with a low volatile movement.  MCX nickel holds a low position after opening at 848.10.  On intraday market nickel seems to be bearish with some correction near 8 pm.

get free trail by fill form on right hand side

today mcx advice

Buy nickel May above 848 tgt 850, 852, 855………sl 841

Buy copper June above 409.50 tgt 410, 411, 412.50………..sl 406.50

Buy silver above 45050 tgt 45150, 45300, 45400………..sl 46700

MCX weekly report-today silver-gold tips- free commodity market movement and position for Monday

Gold price again jump on the domestic market and expecting to rose more. World largest gold consuming country India celebrate 2^nd biggest day after Dhantaras on which buying on gold jump by more than 50%. Demand in gold is expecting to rise on auspicious gold buying day of Akshaya Tritiya on Monday. Many jewelers say that these demands are increasing year per year, and in April month gold import are raise by 68% to 118 tonnes from 70 tonnes a year ago.

This week gold prices was trade with a good level on the starting of the week but as day passes with color are changes and come to 26971 at 10:40 am on Saturday. In upcoming week gold price are expecting to shows a huge bright color on opening day. MCX gold for June delivery expected to jump high and make some good correction and trading above 27000.

Buy gold above 27000 with a target of 300 with a same Stoploss.

Resistance 27600, 27900 and a support level of 26450, 26000

Silver price are diminish on Friday by more than -400 point, but a good recovery had made on Saturday morning after opening by above more than +200 at 45221. In this week silver trade with a strong support and make some low volatile movement. But global silver position trade with low motion after affecting by Euro prices against US dollar.

In upcoming week silver price are expecting to rose by more than 700 point, and traded above 45500.

Resistance 45600, 46000 and a Support of 44700, 44000

FOR FREE TRIAL FILL FORM

Global crude prices make some correction and their positive result
also had seen on Domestic market. MCX Crude traded above 5200 and expecting to crosses the mark of 5300, currently MCX crude for May delivery are in good position to buy and hold it in future for a month. This year crude oil prices expecting to move high and crosses the mark of 5500.

Base metal is trading with a low volume and demand also not matches open interest. MCX metal copper, nickel, Zinc, lead and aluminum are traded flat in this week, but some correction are going to see in domestic as well as overseas market.

Support and resistance

BUY COPPER ABOVE 410 TGT 413, 416,420 WITH A STOPLOSS 400

BUY NICKEL ABOVE 848 TGT 850, 855, 860… STOPLOSS 836

BUY LEAD ABOVE 109.50 TGT 110,111,111.50... STOPLOSS 107.50

Movement in mentha oil and cotton are looking bullish and more improvement is going to watch on MCX in this commodity. In upcoming week mentha oil are trade with a volatile movement and might crosses the line of 900. While cotton for May delivery following reverse trend and expected to trade above 18000.

  

.