Saturday the mcx commodity seems to be in a good form as they are going through a high trading session point. The precious metals, base metals as well as the energies trying to maintained themelves in a upward direction. Their is a hugh correction has been seen in the commodities.
The yellow metal changes itself a little bit for october, gain 145 points at 27915.00 and the white metal got a change of 107 points in a positive way for september. The support and resistance level for gold and silver are
GOLD
R1 : 28041.6 R2 : 28159.2
S1 : 27758.4 S2 : 27640.8
SILVER
R1 : 42970.9 R2 : 43298.7
S1 : 42181.1 S2 : 41853.3
Natural gas is looking bearish as it drop down around 1.11 percent at 195.50 with an intraday high 197.10 and low of 194.80. Today it opened with a loss of 0.60 points. The crude oil and natural gas run in a same path as of the gold and silver used to go.
Zinc buy tg 116.35 | 116.85 | 117.35 sl 114.55
Nickel buy tg 892.1 | 892.6 | 893.1 sl 889.1
The yellow metal changes itself a little bit for october, gain 145 points at 27915.00 and the white metal got a change of 107 points in a positive way for september. The support and resistance level for gold and silver are
GOLD
R1 : 28041.6 R2 : 28159.2
S1 : 27758.4 S2 : 27640.8
SILVER
R1 : 42970.9 R2 : 43298.7
S1 : 42181.1 S2 : 41853.3
Natural gas is looking bearish as it drop down around 1.11 percent at 195.50 with an intraday high 197.10 and low of 194.80. Today it opened with a loss of 0.60 points. The crude oil and natural gas run in a same path as of the gold and silver used to go.
Zinc buy tg 116.35 | 116.85 | 117.35 sl 114.55
Nickel buy tg 892.1 | 892.6 | 893.1 sl 889.1
