Gold silver expected to fire today| nickel crude hope to volatile
After Monday big turn commodity market spoil the party with a weak trend ,gold price are moving slightly down in morning session however bit swing may be shine in evening session. Currently gold price trading upside at 30330 by gain 0.43% on intraday trade. Yellow metal expected to be more dark around 30450 with a resistance level and if break this level then buy high however if not break and turn down then wait to the level of 30200 to sell.
However if we look out silver prices for delivery in December gain 0.41% to 49950 and trend support and good positive swing in evening session. Speculator making a fresh position on global firm cues.
In crude oil volume not supporting a trend , crude oil prices are following a low bearish movement in Mcx market. Today crude oil open at 6028 and made a day high of 6038 with a low of 5992. on evening session same sluggish movement is expected with a small correction.
Buy gold dec above 30300 tgt 30350/ 30400/30500 sl 30150
Buy silver dec above 50000 tgt 50100/ 50200/50500 sl 49550
buy nickel oct above 896 tgt 898/ 900/ 905 sl 885
buy crude oil nov above 6010 tgt 6020/ 6030/ 6060 sl 5975