MCX Gold Silver Tips for Today and Copper Updates for Intraday trading

MCX commodity marketing is sparkling with green color as MCX gold Silver are trading up with the expectations that rupee will continue to remain weak against dollar. Silver prices have witnessed an upside of nearly 0.40% while mcx gold has added 200+ points to trade above the level of Rs 28200. Precious metals are likely to continue with positive trend for the day. Technically, level of 27900 is acting as support for mcx gold futures while 28400 is the major upside resistance level.

Day traders can go for buy in silver above 44400 for the targets of 44700-44900. A successful trade above 44900 would invite more higher levels in this bullion metal.

In base metals, Zinc and nickel could be another intraday pick for buying while one can buy Copper (June futures) above 421.50 for the targets of 423.50-424-426 levels.


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