MCX Commodity Trading Tips Today Gold Increased Brightness

MCX Tips

In Stock market crush so the commodity market is seeing a massive fall in. 6 ½ year low on crude prices, copper and aluminium has slipped to 6-year low. Rupee eased against the dollar in the domestic market, gold is trading with modest gains. The heavy selling in China’s market share is expected to drop in demand for crude oil and metals.
MCX silver is trading with 0.93 percent at Rs 35865 per kg . While crude oil prices slipped 1.42 percent to Rs 2646 per barrel has come. While natural gas is being 1.12 percent. Copper fell by 2.32 percent to Rs 329.90 per kg . Nickel prices have declined the most. MCX Nickel prices fell by 3.38 percent level is at 651.50. However, with gold prices rose marginally to 0.10 percent, to Rs 27265 per ten grams is reached.

MCX Commodity Trading Tips Today

Copper (August futures) Sell 337, target 333.20 to 329.60, stoploss 341

Crude oil (September futures) Sell 2660, target 2620-2580, 2720- stoploss

Gold (October futures) Buy 27250 target from 27,560 to 27,850, stoploss 26950

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