Friday, December 27, 2013

MCX gold silver sluggish | Natural gas prices drop after a good rally

After yesterday gain gold silver fail to continue its positive rally and showing a down trend since opening. Gold trading negative declined by 0.57% to 28414 at Mcx. On evening trading yellow metal expected to trade volatile in favor of bearish trend.

After a long positive rally Natural gas prices declined little on Friday last trading session of the week. On Friday morning natural gas prices drop by 1.11% to 276.40. small correction is expected on evening session Around 279

buy gold feb above 28500 tgt 28560/ 28630/ 28700 sl 28400

buy silver mar above 44800 tgt 44900/ 45050/ 45300 sl 44700

buy nickel dec above 881 tgt 884/ 887 / 890 sl 877


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