Monday comoodity gold silver price level || intraday trading tips calls for today 5/8/13

Gold and silver are looking bullish today with a high rise in points for the future delivery. The yelllow metal gain 108 points at 28155 and the white metal gain 201 points at 42170. The support level for gold is 28392.7 and resistance is 28561.3 and for silver support level seen at 41884.7 and resistance seen at 42053.3 

Crude oil and mentha oil also follow the same path as of the precious metal. Crude oil price up by 0.25 percent with a high of 6547 and teh a low of 6530 similarly mentha oil up by 0.76 percent with a high of 887.70 and a low of 879.20 

Cotton seems to be stronger among the base metals as the base metals are showing both the trends up and down. Lead is going higher while the rest of the metals are going down. Zinc slips around 0.45 points, Aluminium by 0.75 points, Copper by 1.55 pints and Nickel by 1.20 points. 

BUY 

gold tg 28177 | 28197 | 28207 sl 28077 

silver tg 42218 | 42238 | 42248 sl 42080 

SELL 

copper tg 426 | 425.5 | 425 sl 429 

nickel tg 848.7 | 848.2 | 847.7 sl 851.7