MCX Gold and silver commodities started the day with decline. With More than 1% decline Gold (April Futures) is currently trading near 27500 level. On technical charts, Gold seems to fall more below 27500 level.
On the other hand silver has also decline more than half percent and this commodity is currently trading below 58000 level. Intraday traders can sell silver around 57850 level for the targets of 57650-57500.
Crude prices may recover from initial downfall and we can expect prices to go up. Trading around 5300-5330 for targets of 5355-5390-5420 can be a deal of profit for Intraday traders.
