GOLD MCX HOURLY CHART & LEVELS
GOLD AUGUST MCX can face some correction today Immedite support @27420 and Immediate Resistance @27745. Due to Increase in Import Duty GOLD MCX has
raised from 2% to 8% and Hence GOLD MCX looks bullish for today. Strategy to buy on Dips.
1. Buy GOLD MCX around 27850 TGTS 27900/27950 SL 27800
2. Sell GOLD MCX BELOW 27700 TGTS 27600 /26500 SL 27800
SILVER MCX HOURLY CHART 7 LEVELS
SILVER MCX is trading in a tight range and Strategy should be to buy on dips and sell on Rise. As seen on the chart above we can see SILVER MCX is trading between
Classical technical pattern.
1. Buy SILVER MCX below 44900 TGT 45000/45100 SL 44800
2. Sell SILVER MCX below 44300 TGT 44000/43700 SL 44600 (SWING CALL)
CRUDEOIL MCX HOURLY CHART & LEVELS
CRUDEOIL MCX is making lower lows and taking resistance @5380 -5390. If sustains above 5400 can head towards higher levels @5450 and @5490
1. Sell CRUDEOIL MCX below 5360 TGT 5320/5280 SL 5400
2. Buy CRUDEOIL MCX above 5450 TGT 5500/5550 SL 5400
COPPER COMEX DAILY CANDLESTICK CHART
COPPER MCX looks bullish, avoide any short position. Strategy Should be to buy on Dips till it Reseaches 430 -432. Refer to the Chart Above.
1. Buy COPPER MCX around @420 TGTS 424/426 SL 418 (SWING CALL)
2. Sell COPPER MCX below 416 TGT 414/411 SL 418
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