MCX Gold is trading in over all downtrend and gold prices have closed in positive and it is expected that after a breach above 28820 levels we could see more upside gain and will see gold near 29090 - 29430 and can also rally above 30000. MCX Gold buying is advised with stop below the given supports mcx copper holds strong support at 420 and strong resistance at 426.5 - 427 levels. MCX Silver as trading in downtrend is expected to trade in the range of 55500 to 57750.
MCX Gold Silver Crude Copper Calls:
MCX Copper (Apr) is advised to buy above 429.50 with a target of 431 and stop loss of 425.5 levels.
MCX Copper (Apr) is advised to buy above 429.50 with a target of 431 and stop loss of 425.5 levels.
