MCX Gold seems weak on the pictorial representation graph. Support expected around 26750, 26550 & 26420; intraday resistance can be seen near 27050, 27180 & 27350. Day traders are advised to sell below at 27100 with SL above 27300, for the target of 26750 & 26550.
MCX Silver seems weak on the pictorial representation graph. Support expected around 44100, 43700 & 43400; intraday resistance can be seen near 44850, 45250 & 45650. Day traders are advised to sell below at 44850 with SL above 45350, for the target of 43700 & 43500.
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ReplyDeleteSILVER (5 MAR.) TREND: CONSOLIDATE
ReplyDeleteRES 1: 44400
RES 2: 44600
SUPP 1: 43550
SUPP 2: 43100
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ReplyDeleteGOLD (5 FEB.) TREND: CONSOLIDATE
RES 1: 28650
RES 2: 28800
SUPP 1: 28250
SUPP 2: 28000
STRATEGY: SELL ON HIGH
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