Gold (29046): Analysis would remain same. Gold Future is still in positive trend and traders can hold long positions until Gold Future closes below 29046.17 levels. Traders can initiate fresh short positions if Gold Future closes below 29046.17 levels.

Silver (42031):  Analysis would remain same. Silver is still in positive zone and traders can buy at dips or hold long positions until Silver closes below 41783.67 levels. Traders can go short once Silver Future closes below 41783.67 levels.

Crude (3544): Analysis would remain same. Crude is still in negative trend but would enter into positive zone once it closes above 3568.78 levels. Traders should initiate fresh long positions once it closes above 3568.78 levels. For now traders can hold short position until Crude future closes above 3568.78 levels.

Natural Gas (209.20): Analysis would remain same. NG Future is still in negative zone. Now traders can hold short positions and short at every positive rally until NG Future closes above 212.90 levels. Traders can go long if Natural Gas Future closes above 212.90 levels.

Copper (390.60): Copper is trading into negative zone. Traders can hold Copper Future short positions or short at every positive rally until it closes above 399.70.

Zinc (188.75): Analysis would remain same. Zinc is still in positive trend and would enter into negative zone once it closes below 186.50 levels. Traders can go short only if Zinc closes below 186.50 levels, until then hold long positions.

Lead (155.75): Analysis would remain same. Lead is still in positive zone. Lead Future would enter into negative zone once it closes below 155.05 levels. Traders can initiate short positions only if Lead future closes below 155.05. Until then hold long positions.

Nickel (686.30):  Analysis would remain same. Nickel has entered into negative zone. Now traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 710.20 levels.

Aluminium (122.95):  Analysis would remain same. Aluminium is still in negative zone. Traders can hold short positions until Aluminium closes above 124.35 levels, above which fresh long can be taken.

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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