Commodity and Gold price prediction for Aug 20

1. Crude Oil ( MCX): After initial rise possibly peaking in after noon oil futures likely to gie up gains ( 10 am -5 pm). Buy futures in morning and short in afternoon or on initial good rise

2. Gold: Buy gold futures in morning ( MCX) which may peak in afternoon. Gold spot prices are indicated to fall in afternoon ( 10 am -5 pm) Please note gold futures on MCX and NCDEX reflect both gold post price and currency fluctuations hence futures may differ from spot prices quoted on kitco.com in $ terms

3. Potato: short potato futures ( NCDEX) as it is expected to fall except for a short rise in afternoon when it canbe shorted again.

4. Turmeric: short turmeric futures if it opens with good gains in morning (NCDEX). exit shorts by afternoon( there is more risk in this predction today)

Disclaimer: Risk and responsibility of using these prediction lies solely with the user