Gold (28870): Analysis would remain same. Gold Future is still in positive trend and traders can hold long positions until Gold Future closes below 28675 levels. Traders can initiate fresh short positions if Gold Future closes below 28675 levels.

Silver (41889):  Analysis would remain same. Silver is still in positive zone and traders can buy at dips or hold long positions until Silver closes below 41283.67 levels. Traders can go short once Silver Future closes below 41283.67 levels.

Crude (3585): Analysis would remain same. Crude is still in positive trend but would enter into negative zone once it closes below 3561.3 levels. Traders should initiate fresh short positions once it closes below 3561.3 levels. For now traders can hold long position until Crude future closes below 3561.3 levels.

Natural Gas (213.5): 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 223.81 levels. Traders can go long if Natural Gas Future closes above 223.81 levels.

Copper (403.25): Analysis would remain same. Copper is still into consolidation zone. Traders can go long in Copper Future if it closes above 407.14 levels and go short if Copper Future closes below 399.36 levels.

Zinc (193.45): Analysis would remain same. Zinc is still in positive trend and would enter into negative zone once it closes below 189.43 levels. Traders can go short only if Zinc closes below 189.43 levels, until then hold long positions.

Lead (157.75): Analysis would remain same. Lead is still in negative zone. Lead Future would enter into positive zone once it closes above 162.04 levels. Traders can initiate fresh long positions only if Lead future closes above 162.04. Until then hold short positions.

Nickel (692.1):  Analysis would remain same. Nickel is still in positive zone. Now traders can hold long positions in Nickel or buy at every dip in Nickel until Nickel Future closes below 665.54 levels.

Aluminium (122.2):  Analysis would remain same. Aluminium is still in negative zone. EquityPandit predicted that traders can continue to hold short in Aluminium Future and exactly same happened. Aluminium Future fell down sharply. Traders can hold short positions until Aluminium closes above 124.76 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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