MCX commodity tends today, Crude oil tips, 29 May live gold silver prices

Yesterdays MCX Gold traded between 200 points range and made Doji candle in daily chart in support trend line our expectation price may give some correction from here onwards gold closed at Rs 26861, tested high at 26916 and low at 26712. For today’s trading session follow the strategy buy on dips for today’s trading session. 

ENERGY 

MCX Crude oil futures traded in red form last couple of days yesterday crude oil inventory forecasted -0.857M and Actual it came -2.802M. Crude oil closed at Rs 3668 and tested high at 3721 and made low at Rs. 3625for today follow the strategy sell on high. 

BASE METALS 

Copper closed lower for the third straight day the prices of MCX Copper settled the session at Rs 392.45 per kg against Rs 393.85 per kg. The prices of MCX Copper broke the rising wedge pattern that started the slide in the metal, With new support base broken on every passing day. Follow the strategy sell on high for today’s trading session.