Commodity market outlook 06 Aug, Live Gold Silver trend, Crude oil tips

Barley: Bearish Trend R1 1146 R2 1154 S1 1130 S2 1124 

Chana: Bearish Trend R1 4535 R2 4563 S1 4480 S2 4460 

Menthol oil: Sideways Trend R1 914 R2 919 S1 899 S2 891 

Silver Sept: Sideways Trend R1 33700 R2 34000 S1 33200 S2 32850 

Gold Oct: Sideways Trend R1 24830 R2 24940 S1 24560 S2 24400 

Natural Gas Oct: Bearish Trend R1 183 R2 184.8 S1 179.4 S2 177.6 

Crude Oil Aug: Bearish Trend R1 2953 R2 3029 S1 2837 S2 2797 

Aluminium Aug: Bearish Trend R1 102.08 R2 103.12 S1 100.43 S2 99.82 

Zinc Aug: Bearish Trend R1 122.48 R2 123.97 S1 120.08 S2 119.17 

Lead Aug: Bearish Trend R1 110.93 R2 112.02 S1 109.08 S2 108.32 

Nickel: Bearish Trend R1 702.57 R2 708.53 S1 691.57 S2 686.53

MCX crude bearish support at 3820 and Resistance at 3910

MCX Crude oil June contract is bearish for short term for Intraday. today crude oil trading negative side, in support for short term is 3700 and resistance at 3980. Intraday market trading support is seen at 3820 and resistance support levels of 3910. 

MCX Gold Aug short term sideway to negative, commodity expert said short term support from MCX Gold is seen at 26500 with resistance levels of 27200. 

MCX Silver Jul contract is trading session down side, MCX Silver down 97 Rs at 36715.00. it Intraday market touched a high price 36830 and touch a low of 36627.

NCDEX Chana trade high on rising demand, MCX gold silver live rate, commodity face today

NCDEX chana high demand but low production, In short term NCDEX chana trade high on high demand, short term NCDEX Chana May contract is seen at 4420 and resistance at 4650. Intraday chana support is seen at 4500 and resistance at 4580.

Gold news:- The pressure is being witnessed in gold in the upper levels. 

International and domestic gold price has dropped. Pressure on gold prices in dollar seems firmly. 7-year lows in the US unemployment rate has come to support the dollar. 

The MCX gold flat and is trading around Rs 26 900. While silver is also pressure and the flat and looks around Rs 37950.