Thursday 6 November 2014

commodity trading tips today 6 November , base metal and gold silver trend


Evening commodity session gold silver down trend, mcx gold traded below 25430 and mcx silver traded below 33905 with loss of 470 point,

Base metal trend:
mcx copper, nickel,aluminium,zinc and lead traded inred zone while natural gas positive trend.
Crude oil taken recovery above 4830 today but evening session look in pressure, intraday trader can sell above 4830 should be down 4750 .
evening session trading calls:
sell mcx gold above 25400 target 25300/25250/25200 stoploss 25500
sell mcx silver above 34200 target 34000/33800/33650 stoploss 34450
sell copper above 408 target 406/404/401 stoploss 410.5

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