MCX Today Gold and Silver Tips
As the market cue it’s a time of Christmas and now coming New Year as well which make market a bullish treads for MCX Gold commodity, overall our experts view on watching this market said the market will continue their downtrend on Tuesday of previous low of $1560.
Resistance at $1600/$1610. Support at $1591/$1575.
The same as well can see on MCX silver during festival session it also becomes a lazy trends in the market. Today morning Silver prices are seen trading at $28.76 down by $0.324 from its previous close. As we have discussed in gold’s outlook, Asian equities are seen trading lower for the first time in three days.
MCX Silver Mar'11 support: 52876 52999 resistance: 53229 53313 Sell at 53070 TP 52600/52200 SL 53450.
As the market cue it’s a time of Christmas and now coming New Year as well which make market a bullish treads for MCX Gold commodity, overall our experts view on watching this market said the market will continue their downtrend on Tuesday of previous low of $1560.
Resistance at $1600/$1610. Support at $1591/$1575.
The same as well can see on MCX silver during festival session it also becomes a lazy trends in the market. Today morning Silver prices are seen trading at $28.76 down by $0.324 from its previous close. As we have discussed in gold’s outlook, Asian equities are seen trading lower for the first time in three days.
MCX Silver Mar'11 support: 52876 52999 resistance: 53229 53313 Sell at 53070 TP 52600/52200 SL 53450.
