Monday, 27 February 2012

Today's MCX Gold Tips

Gold edges lower on Friday, while a weaker dollar supported positive sentiment after upbeat economic data in the preceding session weighed on the greenback and sent bullion to a three-month high.

Gold was headed for a weekly rise of more than 3.45 percent, its biggest one-week gain in nearly a month, after assembling for four straight sessions to push through a key technical level. Upbeat data from Germany on Thursday pushed the euro to a 2-1/2-month high against the dollar, helping gold as a cheaper greenback attracts buyers holding other currencies to dollar-priced commodities.

Spot Gold 1797.04 -2.75 -0.15 13.65
Spot Silver 35.29 -0.05 -0.14 37.41

Tuesday, 21 February 2012

MCX Silver Tips For Today

"Silver Tips Today"

MCX SILVERMIC February contract was trading at Rs 56413.00 up Rs 151.00, or 0.24% and touches an intraday high of Rs 56636.00 and an intraday low of Rs 56363.00. So far 35528 contracts have been traded. More Information about MCX Silver Tips Visit my site

MCX Silver April contract was trading at Rs 57919.00 up Rs 141.00, or 0.24%. It touched an intraday high of Rs 57910.00 and an intraday low of Rs 57515.00. So far 5165 contracts have been traded.

MCX SILVERMIC June contract was trading at Rs 59812.00 up Rs 121.00, or 0.19%. It touched an intraday high of Rs 59520.00 and an intraday Bullion low of Rs 58928.00. So far 484 contracts have been traded.

Thursday, 16 February 2012

MCX Tips For Today 16 Feb 2012

GOLD (April) "mcx gold tips today"
The overall trend is sideways and in the Last week it was made a high 29611 and low 27918 and finally managed to close above 29754. In this week consider support 28150-28110-27970, higher level crucial resistance 29500-28750 range and crossover will move further towards 29100.
For Today
Buy and Buy
Resistance nearly 29300-28360
Downside support at 29100-27870 to watch out.

SILVER (March)
Resistance at higher-level 57900-58470 and support at 57100-55600. High-risk traders can buy with tight stop-loss.
Buy and Buy...
Support 57100-56310
And sell on rally

Monday, 13 February 2012

Free MCX Today Tips on Mobile

Gold and silver are finding support and the end of 2011 was not a time to call the end of a trend but to realize that gold and silver was providing a discounted buying occasion. The mining shares have never been as oversold in this whole time long run as it was in the end of 2011.

MCX gold gains, support at Rs.29697-28740.
MCX gold gains, resistance at Rs.28512-28591.

Silver rises, MCX silver resistance at Rs.54700.
Silver under pressure, MCX resistance at Rs.53600.

Tuesday, 7 February 2012

MCX Today Tips

GOLD (April)
In the Last week it was mentioned that that sustained above 29100 positive bias would continue and unable to hold and made a low of 27547 and closed at 27993. Short-term trend down until or unless recommend to sell-on-rise strategy in next few sessions with tight stop loss.

For today Gold Resistance level at 28310-28360, trade and sustained above with higher volume, trend will change and buy side, downside support at 28800 to watch out.

SILVER (March)
In the Last week it had gone bullish above 56120 and unable to cross major resistance of 58200-57300 and started some profit booking/selling at higher level. In this week consider resistance at 57100-57300, and support range at 57100.

Today the Silver Trend is bullish but higher-level pressure to continue by Bears unless successful crossover 59000 with volume, downside support 56100 to watch out.