Gold trading tips and Crude strategy

Gold update:

Today I think we may again see gold retracing back to Rs 30,000. Which will again be a good to sell gold.

Pressure on International market reflect on domestic market gold and silver trading at under pressure.

SELL Gold  Below 29,950 Target:  29900, 29885 stoploss: 30010

Crude oil Strategy:

Our expert point of view crude has more chance to pullback. 

Intraday Commodity update

The weakness in the domestic markets because in international market gold and silver is to get pressure. But gold as a currency is gaining gold being allocated a more important role in the coming new economic order. Silver BUY SILVER JULY ABOVE 54350 TARGETS 54415 , 54500 , 54600 STOPLOSS 54223

Crude Update: Although MCX crude oil is rise it trading at 4714. NYMEX crude oil strength about 1 per cent. Crude trading range for the day is 4644-4760. Crude move above could see prices testing 4760.


Base Metal: All base metal is consolidate trend, You may Buy Copper Target 422 stoploss 417

Copper Updates> MCX Base metals Tips Today

The slowdown in the domestic market in the international market effect of MCX Commodity is being witnessed. In domestic market MCX Copper is showing sharp decline today.
MCX Copper has been slipped more than one percent at around 4 Pm. In previous it has started down 431.15, while last trade of it was closed down 432 on last week.
Currently MCX Copper is trading down 1.4 percent at Rs 425 at around 4Pm, while Copper on Future (August) Contract also is trading down 1.38 percent at Rs 425.95 at same time.
  
Copper Sure Shot Call Today
Buy MCX Copper above 426 with current rate.  
Targets- 427.27, 428.57  
Stop Loss- 424.11
MCX Copper is support zone 429-427 for Today.