Life @ TradeIndia Research

Wednesday 21 December 2016

MCX Gold, Silver, Crude Trading Sessions

MCX Gold
Gold fell as the dollar rose and investors sold on expectations of stronger global economic growth and higher U.S. interest rates.

Gold trading range for the day is 26934-27292. MCX Free TipsFor now we expect prices should move higher towards 27520 levels in the coming trading sessions.

MCX Silver
Silver prices dropped as a leading dollar index revived its move to fresh 14-year highs.

Silver trading range for the day is 38329-40107.

For now we expect prices to move lower towards 38000 levels in few trading sessions.


MCX Crude Oil
Crude oil gained on expectations of a U.S. crude inventory draw, although trading activity was muted as markets start to wind down ahead of the Christmas.

Crudeoil trading range for the day is 3564-3710.

For now we expect prices to move higher towards 3730 levels in coming trading sessions.

MCX Copper
Copper gained as prices recovers on short covering after prices dropped in slumped to the lowest in four weeks after stockpiles climbed in London.

Copper trading range for the day is 371.4-381.2.


For now we expect prices to move lower towards 368 levels in coming trading sessions.

Stock Future CallsBUY VEDL FUTURE
ABOVE 227.20
TG1-228.05
TG2-228.90
SL-225.95

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