Today in mcx we have seen a drastic movement crude oil decline by 154 points and trade at 7022 rs / barrel on 14:45 IST , the only reason of bullish is Syria crisis and dollar price jump in the market.Indian share market is fall down by 600 points for intraday trend , the nse nifty decrease by 200 points on Tuesday trading session .
MCX October gold futures jumped to a new all time high of Rs 32677 per 10 gram levels earlier in the session. It was recently seen trading at Rs 32587 up nearly Rs 700. all reason are responsible for hikes commodity in market.
Commodity outlook for gold and silver on 27 august
GOLD support at 32000 and resisted at 33400 .
Silver support at 54500 and resistance at 55900
mcx bullion calls
buy silver at 55300 TGT 55350,554000,55450 SL 55300
buy gold at 32700 TGT 32750,32800,32850 SL 32900