MCX Trends for the Day 05 May 2017

MCX Trends for the Day

  • GoldĀ  Trend is Choppy to Negative but slight recovery from lower levels.
  • Silver Trend is oversold so be cautious.
  • Copper Trend is negative.
  • Natural Gas Trend is choppy could show movement on both sides.
  • Crude Oil Trend is Negative – Market in Oversold – So recovery could come from lower levels – So Every hike should be taken as an opportunity to sell.

Best of Luck and Plan your trade accordingly.

Leave a Reply

Your email address will not be published. Required fields are marked *