GOLD (April)
In the last week, at higher level of 28878, sudden panic was seen as a result of which, it made a low of 27730 and close above 28910 indicates some support at lower level. In this week, resistance considered at 28410, crossover successfully and little positive side cannot be ruled out. Downside support at 28710 to watch out.
For Today consider resistance 29100-28360, not able to cross and sustained above, further break 28810 with volume real panic will start and may test .Closely eye 29155.

Now "MCX Trading", Silver Looks good, and decline to buying opportunity. In the Last week, after crossover 59600, sharp move was seen as a result of which, it made a high of 64343 and in the last closed below 59817. The Overall trend is bullish and as long as holds 57100-56100 range, decline to buy opportunity. For this week consider Resistance at 60787 - fresh up-move only above that level.
For today: Sell off at higher level on yesterday but near to strong support zone 57600-58000 and higher level resistance 58700-intraday reversal to sell side. Closely Eye 59888.

Categories: ,

Leave a Reply

Note: Only a member of this blog may post a comment.

    Best Posts

    Free MCX Tips For Today .MCX Gold prices have dropped sharply at the mcx index. Gold also showing less volume in some trading session...Read more

    Best posts

    Today's MCX Tips
    Sell Gold on rises in range 27400.85-27499.58...Read more

    Best Posts

    MCX Gold Trading Tips
    If you are looking forward for to your short term investment then you can make yourself available for day trading....Read more

    Best Posts

    Free MCX Trade Tips for Today.
    MCX gold edges higher, resistance at Rs.27626-27731.25..Read more