Life @ TradeIndia Research

Tuesday, 7 February 2017

MCX Free Tips | Commodity Market Updates

Gold prices gained as worries about the political landscape in the United States and Europe and a subdued dollar reinforced investor interest. Gold trading range for the day is 28851-29391.

Silver prices gained as investors scaled back expectations for a more aggressive pace of rate hikes from the Federal Reserve this year. Silver trading range for the day is 41719-42623.

Crude oil dropped as ample U.S. supplies and excess speculative length outweighed OPEC output curbs and rising tensions between US and Iran. Crude oil trading range for the day is 3534-3662.

BELOW 693,
Target1- 686,
Target2- 676,
StopLoss ABOVE 702.

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