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MCX NCDEX Free Tips

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MCX Gold Support and Resistance:
R3 R2 R1 S1 S2 S3
28051 28030 28010 27972 27954 27934

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 have been traded.

MCX Gold Price:

MCX gold surges, Resistance at Rs. 2758515-27815
MCX gold declines, resistance at Rs.27805-27796

MCX Prices for Today:

Gold Trend:

Buy Gold till Trading above 27350.15, Sell Gold Below 27810.12

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. 52612 —Rs. 53040.89 levels are very firm resistance for silver.

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