MCX Silver and Gold tips and Market prediction for Silver

Gold hits record near $1,500/oz.
Silver hits another high above 43.40$.
Copper fell to a one-month low on Monday.
LME copper stocks last up 1,350 tonnes.
Gold prices rallied to record highs near $1,500 an ounce on Monday after rating agency Standard & Poor's cut its outlook for the United States to negative from stable, boosting safe-haven flows into the metal. Copper extended its losses on Monday, on track for its sixth straight fall, after rating agency Standard & Poor's revised its outlook on the United States, the world's largest economy, to negative.
Read More:-

Silver Will Reach 7500 Read More:-
MCX Calls Daily on Your Mobile 

MCX Gols and Silver Prediction For Future

Gold (June ): Buy - 21 545, Stoploss - 21485 and the target - 21 750

Silver (May ): Buy - 62 700, Stoploss - 62 520 and the target - 63 750

Lead (April ): Buy - 120.40, Stoploss – 118.50 Target - 122.55

Gold or silver, both reached a critical level. Silver in the spot market at Rs 65,000 per kg level is reached. While gold has crossed Rs 21,500 . So the question is Lajmi up the gold and silver, how will move forward.

MCX FREE Bullion and Other Commodity calls 

MCX bullion Technical and Fundamental Reports

Silver Market Overview
COMEX Silver is technically strong on charts. Last week COMEX Silver broke its psychological level of 4200$ an ounce and closed above that. For the upcoming week 3900$ and 3750$ are the crucial supports and 4380$ and 4600 $ are crucial resistance in COMEX Silver. In MCX Silver 64500 and 67500 will act as major resistance and 59500 and 57500 will act as major supports.
Strategy
Technically COMEX Silver is strong on charts, For the next week traders can use buy on lower level strategy if Silver sustains above the level of 4100$ an ounce, then above 4300$ an ounce it can further go upward and can test the level of 4380$ an ounce. Trade by keeping the proper stop losses.
Fundamental Market Overview

MCX trading tips

GOLD HITS RECORD ON WEAK DOLLAR, CHINA INFLATION DATA.
OIL HEADS FOR LOSS AMID INFLATION, DEMAND CONCERN.
COPPER ERASES GAIN, HEADS FOR WEEKLY LOSS, ON CHINA SUPPLY, DEMAND OUTLOOK.
DOMESTIC EDIBILE AND OILSEED TRADE BEARISH.

To Read More FREE MCX Tips

MCX Silver Tips

MCX Silver Buy Above 62641 Stoploss 62514 Target 62841

Read More:-

MCX Bullion tips 

MCX Gold and Silver Call Today

Gold (June ): Buy - 21450-21460, Stoploss - 21 395 Target - 21760

Silver (May ): Buy - 61420-61520, Stoploss - 61200 Target - 62000-62500

After touching record high in early trade on MCX is seen selling pressure in gold. While the initial fast silver is down. However, in the spot market gold and silver are trading at record levels.

Commodity silver today on tops. Sense of silver on MCX at Rs 62,500 per kg has been crossed. Rs 50 bonus on MSP as well as expected in the NCDEX wheat is trading at around 1 per cent growth. 

MCX FREE Calls and News on Your Mobile 

 

MCX NEWS HIGHLIGHT | Support and Resistance for Today

•  GOLD EXTENDS GAINS ON WEAKER DOLLAR; ETF HOLDINGS SLIP.
• CRUDE TRADES LOW AS GAINS ON GASOLINE SUPPLIES FADE.
•  Gold rose 1 percent and silver surged on Thursday.
  
  Copper softer on China inflation worries, Copper warehouse inventories rise
  
  U.S. weekly initial jobless claims rise unexpectedly.
  
   U.S. crude oil futures rose on Thursday.
  
  U.S. crude oil futures rose on Thursday after a Sunoco refinery fire in Philadelphia added to concerns about U.S. gasoline supplies. Gold rose 1 percent and silver surged on Thursday, as a combination of dollar weakness. Silver jumped 1.5 percent toward 31-year highs on strong investment buying. Copper fell to its lowest in more than a week on Thursday, as reports of quickening inflation in top consumer China pointed to more monetary tightening.
   MCX Free Intraday Tips on Mobile  
• COPPER FALLS IN LONDON TRADE AFTER CHINA REPORT.

Natural GAS trading tips intraday

Natural GAS LOOKING WEAK BELOW 181.2 :

SELL BELOW 181.2 WITH SL OF 182.4 TGT 177.8

BUY ABOVE 183.2 SL OF 181.9 TGT 186

DATA AT 8:00 PM

 MCX Ng, Gold and Silver Tips