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MCX Bullion Update :- In commodity market Gold along with silver open on positive note tracking firm overseas cues. Gold can trade in range of29,050-29,350 and Silver July contract can trade in range of 56,000-57,000 in near term.
MCX Gold Tips Today :- Buy above 29280, Stop loss 29220, Target 29330.
Gold Trading Level :- support-29117/29030 resistance-29272/29348
MCX Silver Tips Today :- Buy above 56700, Stop loss 56500, Target 56900.
silver trading level :- support-56174/55892 resistance-56787/57118
Base metal update :- Base metals counter can trade with firm path ahead of the key US employment report scheduled later today in US. Copper may trade in range of 442-450 while Lead may trade in range of 111.50-113 and zinc in range of 106-108 in near term.
MCX lead tips :- Buy around 112.50 levels with a stop loss placed below 111.50 levels for targets of 114 levels.
Lead trading levels - support - 111.85/111.25 resistance - 113.25/114.0
MCX copper tips today :- Buy above 446.20 levels with a stop loss placed below 444 levels for targets of 449.50 levels.
Copper trading levels - support - 442.30/440.25 resistance - 5 446.70/449.10
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