Gold prices internationally are expected to go down as investors would remain cautious ahead of US employment data which could give further cues on the duration of Fed's bond buying program. Gold prices were slightly down as a stronger dollar after ECB cited possibility of cutting interest rates further weighed on gold prices.

Over all, MCX Gold August future is consolidate and last week it was unable to sustain around higher levels. So for the coming week 25265/24830 will act as a major support whereas 26151/26535 will act as a major resistance level in MCX Gold August future. For the next week in MCX Gold, trader can make sell position on higher level, if MCX Gold August future sustain below the levels of 25758 then it could test the levels 25574/ 25373.

MCX Silver is also in consolidation and sustaining around lower levels. So, for the coming week 41352/42825 will act as major resistance levels where as 38800/36250 will act as major support in MCX Silver September futures. Last week MCX Silver September futures was sustaining around lower levels. For the next week traders can use sell on higher level strategy, if MCX Silver September futures sustains below 40214 then it could test the levels of 39000/ 37200.

Crude prices were down as threats of supply disruptions in Egypt eased after the army removed its President and the Egypt interim leader was sworn in till new presidential elections are held. The downside in crude prices was limited as ECB and BOE's loose monetary policy stance improved the demand prospects of crude from the region.

We expect Crude oil prices to go down today as profit booking ahead of US data and a stronger dollar can hurt prices. So, for the coming week 5868/5712 will act as major supports levels whereas 6200/6333 will act as major resistance in MCX Crude oil July futures. For the next week, trader can go for sell on higher level strategy, if MCX Crude July future sustain below 6060 levels then it could test the levels 6000/5867.

Base metals are expected to go down as continued weakness in Chinese economy and caution ahead of US payroll data can put pressure on prices. Copper prices were down as a stronger dollar and easing supply constraints from LME warehouses pushed prices down.

Trend of MCX Copper future is consolidate and also sustaining around lower levels. So, for the coming week, it could face major resistance of 421.45/ 432 whereas 404.30/ 393.30 could be a major support in MCX Copper. For the next week trader may go for sell on higher levels, if MCX Copper future sustain below 414.05 levels then it could test the level of 410.60/ 405.35.