GOLD
For the next week MCX Gold above 29080 it can test the level of 29280/29480/29680. Trade by keeping the strict stop losses. Major support in MCX Gold is 28000 and 27100.
SILVER
For the next week MCX Silver sustains above 58300 then it can test the level of 59200/60500, Trade by keeping the proper stop losses. For the upcoming week MCX Silver, 62000 and 65000 will act as major resistance and 52000 and 48000 will act as major supports.
COPPER
Copper is in a consolidation phase and traders should use the strategy of buy on lower levels. MCX Copper sustains above 385 then it can test the level of 390/395/399 if it does not break the level of 374 on the downside. For the upcoming week MCX Copper major resistance would be 415 and 425 and supports would be found at 375and 355.
CRUDE
NYMEX Crude is in consolidation phase. For the coming week MCX Crude Oil major resistance is found at 5100 and 5300 and major supports will be 4600 and 4350. For the next week MCX Crude sustains below 4870 then below 4740 it can test the level of 4680/4620/4560 in this week. Trade by keeping the proper stop loss.
NATURAL GAS
Natural Gas is in a consolidation phase and traders should use the strategy of selling on higher levels. MCX Natural Gas sustains below 178 in the coming week then it can test the level of 173/169/165, if it does not break the level of 188 on the upside. For the upcoming week MCX Natural Gas major resistance would be 205 and 215, supports would be found at 165 and 155.
For the next week MCX Gold above 29080 it can test the level of 29280/29480/29680. Trade by keeping the strict stop losses. Major support in MCX Gold is 28000 and 27100.
SILVER
For the next week MCX Silver sustains above 58300 then it can test the level of 59200/60500, Trade by keeping the proper stop losses. For the upcoming week MCX Silver, 62000 and 65000 will act as major resistance and 52000 and 48000 will act as major supports.
COPPER
Copper is in a consolidation phase and traders should use the strategy of buy on lower levels. MCX Copper sustains above 385 then it can test the level of 390/395/399 if it does not break the level of 374 on the downside. For the upcoming week MCX Copper major resistance would be 415 and 425 and supports would be found at 375and 355.
CRUDE
NYMEX Crude is in consolidation phase. For the coming week MCX Crude Oil major resistance is found at 5100 and 5300 and major supports will be 4600 and 4350. For the next week MCX Crude sustains below 4870 then below 4740 it can test the level of 4680/4620/4560 in this week. Trade by keeping the proper stop loss.
NATURAL GAS
Natural Gas is in a consolidation phase and traders should use the strategy of selling on higher levels. MCX Natural Gas sustains below 178 in the coming week then it can test the level of 173/169/165, if it does not break the level of 188 on the upside. For the upcoming week MCX Natural Gas major resistance would be 205 and 215, supports would be found at 165 and 155.
