Bullions Bounced Sharply and Crude Oil Heading Towards North....

📈Daily MCX Bulletin :(30th July 2025)

Global Highlights

WTI & Brent Price strength continues following a more than 3% rise earlier, supported by U.S.-EU trade deal optimism and new tariff threats regarding Russia’s involvement in Ukraine. OPEC+ supply moves remain closely watched.

🟡 Gold Overview

After 4 days losing streak in Gold, yesterday some recovery in but still in range bound as market wait fed cues, If it break above 98600 then a quick rally toward 99,000-99200. However 97800 is a crucial support, if break then we’ll see more downward levels.

⚪️ Silver Overview

Silver, meanwhile, continues its strong upward trajectory as strong industrial demand, If break above 114400 then we’ll see upward move till 115200-115800 and the downward side strong around 113400 if this break then we’ll see further fall.

🛢️ Crude overview

Crude oil is trading near resisitance area at ₹6080. If it sustains above this, we could see a 6170-6230 levels.

However, remain a immediate support around ₹5900 if this break we see a ₹5800 levels. Watch levels closely for directional clarity.

🟣 Natural Gas overview

Natural Gas remains weak on charts and the trend looks cautious as tightening supply and global uncertainty. Resistance is placed at ₹280; if it crosses this level, expect a move towards ₹289–295.

Immediate support is at ₹270, and a break below may drag prices further down.

🔴 Copper Overview

Copper is trading around key resistance zone. A move above ₹902 will open doors for a rally towards ₹908-910 levels.

Support is seen near ₹894, and until a clear breakout, range-bound movement may persist.

Top Pick

Buy Crude Oil on dip around 6010. Stop loss below 5920. Target-6120-6180.