Gold (28725): Gold is still in positive zone. Traders can hold long positions in Gold Future and buy at dips until it holds 28570 on closing basis.

Silver (41718): Silver is still consolidating and traders can go short once it closes below 41173. Traders can initiate fresh long position once silver future closes above 41807.

Crude (3644): Crude is still in positive trend. It would enter into negative zone if it closes below 3548 levels. Traders should initiate short only if it closes below 3548 levels. For now traders can hold long position until Crude future closes below 3548 levels.

Natural Gas (225.8): NG is still in consolidation range. Natural Gas Future would enter positive trend once it closes above 227.2 levels, where long can be initiated.

Copper (407.65): Copper entered into positive zone. EquityPandit predicted that traders can go long in Copper future if it breaches 400.52 levels. Copper breached those levels and closed at 407.65. Traders can continue to hold long positions in Copper Future as of now.

Zinc (192.1): Zinc is still in positive trend and would enter into negative zone once it closes below 186.18 levels. Traders can go short only if Zinc closes below 186.18 levels, until then hold long positions.

Lead (163.25): Analysis would remain same. Lead is still in positive trend and would enter into negative zone once it closes below 156.27 levels. Traders can go short only if Lead closes below 156.27  levels, until then hold long positions.

Nickel (667):  Nickel is still in negative trend. Traders should initiate long only above 685.81 levels, until then every positive movement is a selling opportunity.

Aluminium (127.25):  Analysis would remain same. Aluminium is still in positive trend but would enter into negative trend once it closes below 124.43 levels. Traders can initiate short positions only if Aluminium future closes below 124.43 levels, until then hold long positions.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

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