commodity future technical levels 18 may 2016

commodity future technical levels 18 may 2016 Mcx gold future closed at 30032. Here showing buying on dips. For intraday 30200 and 30400 are tgts while 29900 and 29750 are support zones.     Mcx silver future closed above 41k with gain. Here intraday supports are 40850 and 40250 on upside expect tgts around 41450 and 42200.   In mcx base metals, mcx copper and nickel are buy on dips. Use mcx lead and zinc corrections to buy and accumulate with sl. Mcx aluminium can bounce back up to 105.   Mcx crude oil future is heading towards my tgt 3325. Here expect sharp short covering rallies with every upside. Mcx natural gas future remain bearish and sell around 140-141 for tgts 130 with SL.

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