Commodity Updates: Silver, Crude, Copper and Zinc Updates

MCX Gold Silver prices have to see a decline today. Both the commodities are trading more than half percent currently. The growing uncertainty of Q3 in US market has pushed the prices in back foot.
Despite weakness in rupee against Dollar, crude prices have have seen 1% upside. MCX crude futures is trading at around 5360 level. MCX crude trend is positive and traders can buy crude oil on lower levels.
In base metals, all commodities are trading negative in MCX. Copper is near to breach 424 level which if happens, can lead copper to come down to 422-420 level. 420 is acting as stiff support for Copper Metal.

MCX Silver Updates Today and Free Trading Tips

The Bullion Market is up as expected and now it is expected to prevail the existing trend. Silver likely to touch 64000-64500 level soon which can later be followed by 65000-66000. A consistent trade below 63500 could be the sign of bearish trend.

Silver MCX Tips- Buy Silver Above 63500 TG-63700-63900-64200

MCX Gold Updates and Intraday Trading tips

MCX Gold (Aug) futures is heading its rally towards 23500 and around the same level (near 23500-550) it may face some corrective mode which can force for a sell off till 23370-23300. But a move Above 23550 with volume may push it further up to 23600-23650.

Intraday Trading Tips-Buy Gold above 23400 for the targets- 23450-23500

sell it on high around 23500-23550 and wait for the lower levels – 23400-23350.