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Friday, 19 May 2017

MCX Commodity Tips - Gold Silver & Crude Oil 19 May 17

MCX Crude Oil Tips 


Largest oil producer in Russia will meet agreements with the grouping on oil output reductions, the company's chief executive told reporters in Berlin on Thursday.

=> BUY CRUDE OIL ONLY ABOVE 3240 TGT 3350,3500 SL 3150

MCX Gold Tips


A weaker U.S. dollar usually supports gold, as it boosts the metal's appeal as an alternative asset and makes dollar-priced commodities cheaper for holders of other currencies.

=> BUY GOLD ONLY ABOVE 28900 TGT 29100,29400 SL 28750

MCX Silver Tips

=> Sell Silver 39,000 with Target  38,500 and Stoploss at 39,200.

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