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
Seed Newsvine
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