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Sunday, 19 October 2014

Monday 20 october 2014 MCX Gold Silver Call || Base Metal live Rate

Monday 20 October Mcx Gold and silver market is bullish , Gold and silver both commodity trade in same side with different prices .

Today Gold break the level 27500 Crude oil trade is up side . Today morning Mcx gold open at 27219 previous closing of gold 27256 Gold currently trade at 27270 with the gain of 14 point .

Other side Silver trade up side morning silver open at 38410 previous silver closing 38399 and currently silver trade 38528 with the gain of 129 point .

In Base Metal mcx commodity currently trade is rade zone like copper , aluminium , led ,zinc , nickel all commodity trade down side . Alluminium -0.05 point , copper -1.07 point , nickel -3.70 , led -0.30 Zinc -0.70 point  .

Crude major central banks' decision to increase the cash received good support. Nymax crude rose 0.5 per cent to $ 82.5 per barrel is trading at. The price of Brent crude above $ 86 seems.

FREE CALL -:

Sell Crude at  5085 target 5050 stop loss 5110
Buy Silver at 38500 target 38700/38900 stop loss 38300


2 comments:

  1. GOLD (5 DEC.) TREND: CONSOLIDATE
    RES 1: 27450
    RES 2: 27600
    SUPP 1: 27050
    SUPP 2: 26900
    STRATEGY: SELL ON HIGH
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