MCX Gold seems weak on the pictorial representation graph. Support expected around 26980, 26760 & 26540; intraday resistance can be seen near 27300, 27450 & 27650. Day traders are advised to sell below 26980 with SL above 27150, for the target of 26760 & 26650.
MCX Silver seems weak on the pictorial representation graph. Support expected around 44450, 44000 & 43500; intraday resistance can be seen near 45650, 45900 & 46300. Day traders are advised to sell below 45500 with SL above 45900, for the target of 44650 & 44450.
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White metal on MCX for July delivery focuses to again gain a past movement on domestic market, today MCX silver open bit positive at 44882 it last close is Rs 44861.
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Bullion commodity looking on positive side yesterday it was showed negative movement and down by 400 points in silver . you also got exciting offers on commodity NCDEX Tips
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ReplyDeleteGOLD (5 FEB.) TREND: BEARISH
RES 1: 29500
RES 2: 29800
SUPP 1: 28950
SUPP 2: 28650
STRATEGY: SELL ON HIGH
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