Saturday, 1 June 2013

Today Commodity Market trend, gold silver tips, Crude oil

Precious Metals Prices:

Today MCX Gold and Silver opens with good above prices, gold opens with 26020 points and its yesterday closed with 25963 points while Silver opens with 43002 above points and its previous closed with 43226 points. Recently Gold touches positive point of market or we can say stay with positive price but if we see silver movement then we will see silver moves down side at 10:50 am.

Crude oil trend:

In Energy sect we can see Crude oil performance in Market which is continuously going down side and looking at bearish side, Crude oil has support at 5258 and its resistance is 5335 points. Natural gas opens with incremented points and looking at bullish side with little bit movement of prices, natural gas has good support and resistance levels:

S1: 231.5, S2: 231, and R1: 235, R2: 235.5

Base Metals Updates:

Yesterday all base metals are looking at green side and whole day from morning trade to eve trade all base metals are traded at positive side but today all base metals are stands with negative side.

Cotton and menthe oil prices are continuously fluctuate and we can say continuously changed, today mentha oil stands at negative side and cotton stands with positive but our prediction says cotton will go down…..

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