On the last trading day of the
week, at 2:45 pm, the gold prices rises again while silver continue
going down and making loss. Mcx gold has been trading in profit of 28
points at price 30590 rupees in the domestic market while Mcx silver
commodity has been trading in loss and being red and continue going
with low trend. Currently Mcx silver price is trading in loss of 561
at trading price of 49546 rupees in the mcx market exchange. Crude
oil also trading in up trend and having profit. Crude oil is trading
in profit of +27 points at Rs 6027 while the other energy commodity
is trading in red and having loss of 0.60 points at Rs 223 in the
domestic market. In the base metal commodities, all the commodities
are trading in red and having loss in their trading prices. Aluminium
is trading in low of 0.30 points, copper at -2.10, Nickel at -9.30,
and lead & zinc at 0.50, & 0.560 points loss.
The gold and silver prices must
go in loss and lost their prices, so you can make a short sell. You
can sell gold and silver at now while around 300 to 500 points.
Sell silver 49550 Target 49400/49300/49200 SL 49700
Sell Gold 30580 Target 30500/30400/30300 Sl 30720
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