MCX Trade Tips

MCX Gold Support and Resistance: R3 R2 R1 S1 S2 S3 28051 28030 28010 27972 27954 2793

MCX SILVER February contract was trading at Rs 56236.00 down Rs 252.00, or 0.47% and it touches intraday high of Rs 56748.00 and an intraday low of Rs 55161.00. Thus 41681 contracts have been traded. MCX SILVER April contract was trading at Rs 56468.10 down Rs 229.00, or 0.40 and touched an intraday high of Rs 57935.10 and an intraday low of Rs 56361.00. So far 2662 contracts

MCX Gold Price: MCX gold surges, Resistance at Rs. 2758515-27815 MCX gold declines, resistance at Rs.27805-2779

MCX Prices for Today: Gold Trend: Buy Gold till Trading above 27350.15, Sell Gold Below 27810.1

Silver closed the session through a cut of close to 1%. Silver closed below at the Rs. 52240 levels. Failure to close above this key near term average will see silver prices progressively testing downside levels of Rs. 51701.47 levels. Whole price Silver structure remains bearish and traders must use pullback rallies towards resistances for holding short positions. The Rs.

MCX Gold Price:MCX gold edges higher, resistance at Rs.27626-27731.25MCX gold weakens, resistance at Rs.27706.98-27835.54MCX Silver Price:Silver rises, MCX silver resistance at Rs.53701.20MCX silver weakens, resistance at Rs.53230-53313

MCX Gold Price for Today: 27541.24.MCX Silver Price for Today:52575.00.Debt crisis may impact Gold negatively.Gold broke above its 200 day affecting typical triggering technical buying by trend following funds totaling to the bullish environme

GOLD: Dollar Index relocated due to Euro zone worries and ended a 52-week high of 81.60. The Dollar Strength and fresh up side break out turned out to be a bad news of Commodity market and fright on selling cannot be ruled out.Few volatility was seen during last week, which results in it making a low of 27272 and high of 27945.54, and finally closed at 27765.25. The whole

Gold and Silver TrendBuy Gold in Dips with SL below 27400.25 Target 28300.45.Buy Silver above 53500.87 Target 55000.

Resistance and Support level:GoldR3 28144.82 R2 27981.57R1 27819.85S1 27453.49S2 27251.69S3 27089Resistance and Support level:SilverR3 55508.15R2 54743.44R1 53981.89S1 51973.12S2 50729.36S3 49

GOLDSell Gold on rises in range 27400.85-27499.58, SL 27750 TARGET 27000.SILVERSell Silver on rises around 52000.11 SL 53000.85 TARGET 50000.78.MCX Gold prices have dropped sharply at the mcx index. Gold also showing less volume in some trading session however it is expected from gold that it going to certainly attract investors and demand will increase due to lower pri

Today’s MCX Gold price is 27329.25 and Silver price is 51029.38.Gold and silver fell as investors constant to liquidate assets. Both precious metals had exhibited technical weakness. As such, increased technical selling may also have been a factor. Basically, PM's remain bullish since the Euro crisis and US slowdown is not expected to be over with any time soon. As such, most