Monday, January 6, 2014

Monday natural gas gain 0.35%|Today Commodity market bearish|gold, silver calls

Today gold silver prices go with a bearish trend after the negative open of Indian currency trading at 62.27 per dollar.Gold metal down 0.16% or 47 rs at 29133.00 per kg from open while white metal trading price are 45260.00 per kg decline with rs 215 or 0.47%.

MCX Lead, Zinc and Mentha oil no correction show from last few trading day.Bullion prices trading negative however move good in evening time.

BUY LEAD 135.10 TGT 135.55 135.95 136.50 SL BELOW 134.80

In base metal Only copper and Nickel trading in positive note with small bit of positive mark. Mcx copper resistance trading around 469 and support will be 464. Mcx nickel gain 0.35% to 868.10.

Buy Gold Feb above 29150 target's 29300 stop loss 29071

Buy Silver march above 45400 targets 45700(targets open) Stop Loss 45161.
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