Gold price down trend decrease after initial strength of INR against dollar reduce. Gold Price dropped 15 dollar after gold price coming to $1250 last week. Currently Gold is trading flat in domestic market. MCX Gold December future traded at 27355 up 0.36% and Silver December future contract traded at 38601 up 0.53%.
Crude Oil decline stops in international market. At NYMAX Crude traded above $83 after last 3 days decline.
Buy MCX Silver 05DEC2014 (Futures) above 38601 target 38833 stop loss 38447.
Buy MCX Gold 05DEC2014 (Futures) above 27345 target 27472 stop loss 27242.
Sell MCX Crude Oil 20OCT2014 (Futures) below 5087 target 5053 stop loss 5109.