Opens on positive Note Gold - 28170-28175 Silver - 37550-37580 

Energy - Opens on positive Note Crude Oil - 2952-2955 Natural Gas -185-185.50 

Base Metals - Opens on negative Note Copper -382-381.70 Nickel -590-590.50 Lead -146.50-146.30 Zinc - 179-179.30 Aluminium -124.50-124.60

MCX Gold price has given the breakdown of its rising trend line support at 28390 levels on a daily chart. Moreover, COMEX Gold has given the breakdown of its horizontal trend line at $1238 on the hourly chart. On the other hand, momentum indicator MACD has shown negative crossover on a daily chart. Furthermore, prices have been trading below its 50 DEMA on a daily time frame. Therefore, we expect the Gold price to move lower towards 27800 levels.