Gold prices is settled near to record highs at COMEX as well as MCX and again moving close to at $1,800 per ounce at COMEX. The MCX Gold record highs at tomorrows trading session is at 26,432 levels for MCX gold (Oct) contract. The MCX (Oct) gold mini is at 26,320 levels. The Crude Oil as for futures market closed at 1% high. Silver price are increased to 9,727.1 tons, as on August 17.
MCX Technical Recommendation 18 Aug
Commodity Strategy Levels Target 1 Target 2 Stop-Loss Trend*
Gold (Oct) Buy Above 26460 26530 26620 26410 Up
Silver (Sept) Buy Above 60520 60800 61100 60420 Sideways
Copper (Aug) Sell Around 406 403 400 407.6 Sideways
Aluminum (Aug)Buy 106.5-106.8 107.9 109 106.2 Down
MCX Technical Recommendation 18 Aug
Commodity Strategy Levels Target 1 Target 2 Stop-Loss Trend*
Gold (Oct) Buy Above 26460 26530 26620 26410 Up
Silver (Sept) Buy Above 60520 60800 61100 60420 Sideways
Copper (Aug) Sell Around 406 403 400 407.6 Sideways
Aluminum (Aug)Buy 106.5-106.8 107.9 109 106.2 Down
