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  • Monday 4 August 2014

    Hello friends. Today gold and silver have ups and downs after a tightly closed. Crude oil (Crude Oil) strong position and Natural Gas (Natural gas) can approach that kind of weakness. Base metals is expected to accelerate.

    Much of the past week Commodity market fluctuation was full. Suddenly during the business week and has declined in many commodities. This week we see gold  has down in market. But on down state buying in gold are healthful for market. Beyond its weak rupee may help prices. MCX Gold trading stand in this week between  Rs 26900 to Rs 28590 per 10 grams. On the market this time gold has stand at Rs 28160 but gaining -62 points in down side.  And MCX Silver has trading this time Rs 44400 it also in down side with -17 points.

    But  if see Crude Oil then crude oil has in great position from last week. MCX crude oil has trading at Rs 6000 above side with 27 points. Copper has not in great position but it get 0.5 points in above side and trade at Rs 435.3 above side.
    Aluminum can prices trading in the range of Rs 117-125 in this week.

    Commodity Calls :-

    GOLD ->
                    Buy MCX Gold Rs 28160 target T1- 28210, T2- 28260 and stop loss Rs 27980

                   Buy MCX Silver Rs 44400 target T1- 44500, T2- 4600, T3- 44650 and stop loss
     Rs 44200.


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