Gold silver price, base metal tips, crude oil looking bearish today 24 June 2013

Monday in the morning trade the precious metals are looking bearish likewise the base metals are also going down. The energy product mentha oil and cotton are used to work in a positive side. 

For future contract the yellow metals gold decreases by 289 points to Rs. 26731.00 and the white metal silver decreases by 666 points to Rs. 40920.00. This week may be the precious metals work in bearish side. 

The energy products crude oil and natural gas are slipping down with the rate of change of 20 points and 3.20 points, mentha oil surge 18.50 points at 1051 and the cotton gain 180 points at 19610.00 
 
BUY 

Cotton above 19590 target 19605 | 19635 stop loss 19530 

Menthe oil above 1049.90 target 1054.9 | 1059.9 | 1064.9 stop loss 1029.9 

SELL 

Gold below 26747 target 26717 | 26697 | 26687 stop loss 26827 

Silver below 40956 target 40921 | 40896 | 40881 stop loss 41046

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Friday evening gold silver price, cotton update, crude oil drop today

In the evening session the precious metals are working in a negative side with a high down trend for future contract. The yellow metal supported and resisted by 26548.6 and 27189.4 level similarly the white metal supported and resisted by 42022.6 and 40587.4 level. 

The base metals are following the same downtrend as of precious metals. In the morning trading session the cotton was traded in a negative side but as the time passes away right now it started to work in a positive side with a gain of 180 points. 

The mcx energy commodities showing both trend crude oil and natural gas is looking bearish where the mentha oil looking bullish in evening session with a rise of 27.40 points for future. 

Sell crude oil target 5671/5666/5661 stop loss 5697 

Buy cotton target 19395/19405/19415 stop loss 19310

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Base metal updates, free mcx trading tips, gold silver level today 12/6/13

The trend of silver future on Multi commodity exchanges looks range bound. The support for the commodity seen at 42900 and resistance seen at 44000 and 44500 level. The Silver trading down by 0.40% to Rs. 43436 per kilogram. The yellow metal gold price may remain negative. For medium term it would continue to fall. 

The base metal lead and copper are rising up with a gain of 0.25 points and 0.20 points for the delivery of June month. The source of cloths cotton has changed its direction and start to work in a down side. In morning session it got 90 points while right now it slips by 20 points down. 

Sell gold Tgt 27615 | 27595 | 27585 Sl 27723 

Sell silver Tgt 43374 | 43354 | 43344 Sl 43465

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