MCX Gold Market Updates | Commodity Tips Today 13 June

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MCX Gold Market Updates :- MCX August gold may open today’s session near Rs 27850 per 10 grams and may find support near Rs 27700 levels.

Gold breached resistance of 27450 last week & rallied close to 28100, before falling sharply.Experts believe that the trend still remains down & advise to Sell & hold with Strict Stop above 28150 for lower targets. 

Copper trading range for the day is 410.8-423.Copper gained as concerns over supply tightness increased after world's second-largest mine declared force on copper deliveries. Nickel trading range for the day is 819.3-858.7.

Nickel ended with losses a deepening economic slowdown in big commodities-consuming nations in Asia weighed on prices.

 Mcx Tips :- Buy lead abv 123.35 sl 122.70 target 124.00-124.60. 

Buy nickel 833 sl 826 target 841,846,850. 

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