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DAILYGONG Commodity Calls

DAILYGONG Commodity Calls

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COMMODITY MARKET UPDATE - # Gold rises as trader's brace for Fed rate decision # Silver rose as the dollar index dipped to 104.5 after a 1.7% surge the previous day. # Crude oil gains supported by the OPEC+'s decision to delay output increase plans by a month, and a weaker dollar. # Natural gas dropped on forecasts for mild weather to continue through mid-November # Copper rose as optimism grew that potential US tariffs on Chinese goods could prompt Beijing to introduce more aggressive stimulus measures. # Zinc rebounded amid hopes for more stimulus from China. # Aluminium gains as the global alumina market has faced constant supply disruptions.

MCX FUT: BUY GOLDM ABOVE 77380 TGT1 77489 TGT2 77589 SL 77281

MCX FUT: BUY SILVERM ABOVE 92210 TGT1 92489 TGT2 92767 SL 91967

MCX FUT: BUY COPPER ABOVE 850.5 TGT1 853.6 TGT2 857 SL 847.7

MCX FUT: SELL CRUDEOILM BELOW 6010 TGT1 5956 TGT2 5905 SL 6065

MCX FUT: SELL NGMINI BELOW 224.5 TGT1 222.3 TGT2 220 SL 226.6

MCX FUT: BUY COPPER ABOVE 830.5 TGT1 833.4 TGT2 836 SL 827.9

MCX FUT: BUY CRUDEOILM ABOVE 6070 TGT1 6123 TGT2 6178 SL 6021

MCX FUT : BUY NGMINI ABOVE 230.5 TGT1 233 TGT2 236 SL 227.9

COMMODITY MARKET UPDATE - # Gold steadied as uncertainty surrounding the election has recently boosted prices # Silver steadied as investor caution prevailed ahead of the U.S. presidential election and looming Fed interest rates decision. # Crude oil gains fueled by OPEC+ postponing its planned production increase for December. # Natural gas dropped due to expectations of mild weather through late November # Copper gains amid a pullback in the dollar and greater confidence in stimulus by the Chinese government. # Zinc prices gained as a raw materials squeeze forces smelters to reduce production # Aluminium prices gained as strong manufacturing activity data bolstered demand expectations in China

MCX FUT: BUY ZINCMINI ABOVE 285.4 TGT1 286.7 TGT2 287.8 SL 284.4

MCX FUT: SELL SILVERM BELOW 94701 TGT1 94451 TGT2 94123 SL 94978

MCX FUT: SELL GOLDM BELOW 78450 TGT1 78351 TGT2 78234 SL 78556

MCX FUT: BUY CRUDEOILM ABOVE 6080 TGT1 6134 TGT2 6189 SL 6030

MCX FUT: BUY COPPER ABOVE 859.6 TGT1 862 TGT2 865 SL 857.1

MCX FUT: SELL NGMINI BELOW 231.5 TGT1 229 TGT2 226 SL 234

COMMODITY MARKET UPDATE - # Gold dropped on profit booking as markets braced for the upcoming US presidential election and Fed's policy decision. # Silver dropped as investor caution prevailed ahead of the U.S. presidential election and looming Fed interest rates decision. # Crude oil surged following OPEC+'s decision to postpone planned output increases by a month. # Natural gas jumped with another hurricane expected to enter the Gulf of Mexico # Copper gains as China's October manufacturing activity swung back to expansion for the first time in six months # Zinc dropped on profit booking after prices gained as a raw materials squeeze forces smelters to reduce production # Aluminium dropped on profit booking after prices gained as strong manufacturing activity data bolstered demand expectations in China

MCX FUT: BUY GOLDM ABOVE 78580 TGT1 78689 TGT2 78810 SL 78478

MCX FUT: SELL SILVERM BELOW 94420 TGT1 94123 TGT2 93789 SL 94689

MCX FUT: BUY CRUDEOILM ABOVE 6008 TGT2 6059 TGT2 6120 SL 5961