MCX Commodity - Gold, Silver, Lead Tips 30 May 17

MCX Gold Tips-

Gold prices spurted by Rs 63 to Rs 28,963 per 10 gram in futures trade as speculators raised their bets after the precious metal climbed to one-month high in global markets.

=> BUY GOLD ABOVE 28900 TGT 29000,29100 SL 28,820. 

MCX Silver Tips-   

Silver prices rose by Rs 93 to Rs 40,430 per kg in futures trading today as participants widened their bets amid a firming trend in precious metals overseas.   

=> BUY SILVER ABOVE 40200 TGT 40400,40600 SL 40000

MCX Lead Tips-

=> BUY LEAD ABOVE 136.10 TGT 136.80,137.80 SL 135.40

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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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MCX Gold & Natural Gas Trading Tips for Today 17 May 17

MCX Gold

Gold prices gained in European trade on Wednesday, touching the highest level in two weeks as traders kept an eye on fresh political developments in the U.S. after President Donald Trump allegedly asked the FBI to end a probably market participants looked ahead to weekly storage data due on Thursday, which is expected to show a build in a range between 55 and 63 billion cubic feet in the week ended May 12.

That compares with a gain of 45 billion cubic feet in the preceding week, an increase of 73 billion a year earlier and a five-year average rise of 87 billion cubic feet.

 MCX Gold Tips
 ONLY BUY GOLD ABOVE 28200 with Target 28400,28700 and Stoploss Rs 28,050
 
MCX Natural Gas

Total natural gas in storage currently stands at 2.301 trillion cubic feet, according to the U.S. Energy Information Administration, 13.9% lower than levels at this time a year ago but 12.0% above the five-year average for this time of year.

MCX Natural Gas Tips
BUY NATURAL GAS ONLY ABOVE 208 Target 212,216 and Stoploss 205.

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