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Weekly Commodity Prediction Report For 5 June To 9th June By TradeIndia Research

Commodity daily prediction report by tradeindia research.providing Accurate CallS , Tips Services.

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Weekly Commodity Prediction Report For 5 June To 9th June By TradeIndia Research

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  1. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801

  2. Gold sees highest close since April after weak jobs report Gold futures on Friday saw their highest close since April, with prices up a fourth week in a row, after a reading on U.S. job growth fell short of forecasts for a strong payrolls jump in May and cast some doubt on the pace of gold- negative U.S. interest-rate hikes this year. Base metals trade sideways amid China concerns Prices of all industrial metals are under pressure after downgrading rating of China by international rating agency Moody’s last week. Moody’s downgraded rating of China from Aa3 to A1. Oil drops on fears of more US drilling after climate deal withdrawal Oil prices fell more than 1 percent on Friday, posting a second straight week of losses, on worries that U.S. President Donald Trump's decision to abandon a climate pact could spark more crude drilling in the United States, worsening a global glut.. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801

  3. TECHNICAL ANALYSIS GOLD GOLD OUTLOOK : GOLD(AUG) SUPPORT:- 28880-28670 RESISTANCE:- 29216-29400 TREND:- BULLISH STRATEGY :- BUY ON DIPS TECHNICAL OUTLOOK TECHNICAL OUTLOOK Technically trend in the Gold AUG contract looks bullish and is likely to continue with the trend for near term. Support is seen at 28880 while resistance is seen at level 29200. Traders may buy on dips at 29000 with the stop loss of 28750 for the target of 29350. In Comex, gold has strong resistance at $1300 .This week gold closed at $1277.16.Major support now at $1250- $1230 and strong resistance at $1300-1320. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801

  4. SILVER SILVER OUTLOOK : SILVER(JULY) SUPPORT:- 39600-38800 RESISTANCE:- 40700-41500 TREND:- BULLISH STRATEGY :- BUY ON DIPS TECHNICAL OUTLOOK TECHNICAL OUTLOOK Technically trend in the Silver JULY. contract looks short term bullish and is likely to continue with trend for near term. Support is seen at 39600 while resistance is seen at 40700 level. Traders may buy on dips at 40000 with the stop loss of 39300 for the target of 41200,MCX Silver july Contract, showed some more bullish movement and will again touch higher level in short term. In Comex silver has a resistance of $18.00 and strong support at $16.80 In COMEX Silver closed 17.51. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801

  5. COPPER COPPER OUTLOOK : COPPER(JUN) SUPPORT:- 361-355 RESISTANCE:- 371-380 TREND:- BULLISH STRATEGY :- BUY ON DIPS TECHNICAL OUTLOOK TECHNICAL OUTLOOK The trend in mcx Copper JUN. contract looks short term bullish after that we will see some profit booking and again rise from lower side, upside is expected for near term. Support is seen at 361.00 while resistance is seen at 371.00 level. Traders may buy on dips at 365 with the stop loss of 358 for the target of 374. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801

  6. CRUDE OIL CRUDE OIL OUTLOOK : CRUDEOIL(JUN) SUPPORT:- 2970-2850 RESISTANCE:- 3230-3370 TREND:- BULLISH STRATEGY :- BUY ON DIPS TECHNICAL OUTLOOK TECHNICAL OUTLOOK The trend in mcx Crude Oil Jun. Contract looks short term bullish and further upside is expected for near term but we will see some correction from higher side buy on dips strategy. Support is seen at 2970 while resistance is seen at 3230 level. Traders may buy around 3050. With the stop loss of 2900 for the target of 3210. In Nymex Crude Oil has a resistance of $50.00 and strong support at $44.00. In NYMEX Crude Oil closed $47.71. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801

  7. INTERNATIONAL MARKET UPDATE INTERNATIONAL MARKET UPDATE USDINR 64.42 GOLD 1277.16 EURUSD 1.1274 SILVER 17.51 USDJPY 110.47 COPPER 2.565 GBPUSD 1.2880 CRUDEOIL 47.71 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801

  8. ECONOMIC CALENDAR ECONOMIC CALENDAR DISCLAIMER DISCLAIMER The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801

  9. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility. The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Trade India Research Recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Trade India Research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to Trade India Research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in Commodity and equity market has its own risks. We, however, do not Touch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above. Trade India Research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801

  10. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801

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