Wednesday MCX crude,Natural gas trading calls| Gold, silver under pressure
On Wednesday gold and silver under heavy selling pressure.Gold trading up to 29000 it sharply decline 52 points at 28782.00 from its previous close 28834.00. Mcx silver show heavy downfall dropped near -1.32% or 586 points at 43945.00.We can expect that after as dollar correct market move up and trade in green zone.
Base metal looking In volatile note, crude oil expecting higher from 2 days.on Tuesday trading crude price close 5856.0 and open upside with small correction at 5839.00.
Today in MCX copper sharp increment are seen in copper in a long positive side.On Friday trade copper gain +0.31% or 1.45 points trading at 466.80.
Buy Crude oil 5850 targets 5860/5870/5880 stop loss 5845
Sell Natural Gas below 271 target’s 268 stop loss 273.21