Gold And Silver On Up Trend |Commodity Tips

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Gold And Silver On Up Trend :- Currently gold and silver is trading with up trend,As gold and silver prices rise just like a thermometer measuring global financial uncertainty and instability, more and more investors are entering these markets for the first time, not for profit per se, but for protection against such fears and in an attempt to preserve the wealth they have. In Mcx lead the prices are looking to spike towards Rs 130 before correcting further. The support for the contract is at Rs 127.7 per kg. 

Commodity Tips :- MCX Copper Sell at 441.50, Stoploss 443, Target 439.

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Commodity Market Strategy For Today |NCDEX Tips

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Commodity Market Strategy For Today :- MCX Commodity Market is trading with higher note at positive bias.Gold prices have witnessed a major fall after a bounce back. We expect selling pressure to continue sell on rise around 31440 – 31490 with a stop loss above 31580 for the down side target at 31250 –31200.Silver prices are expected to trade within the range from 62000 to 63200 if prices sustain above 62400 one can buy for intra day for a bounce back till 62800 – 63000. In base metal Copper prices almost tested 448 on higher end and witness profit booking. We expect the metal to trade within a range from 440 – 450. However we might witness long liquidation in the evening session. 

NCDEX Tips Today :- Jeera (Dec) Sell Below 14050 for target of 13900- 13700 with stop loss of 14160. 

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