Gold and Silver Commodity closed in negative note. MCX Gold Feb contract declined nearly 1% and MCX silver did 1.5%. Today precious metals may take short covering move and we can expect some upside in these two metals. Silver if prevails 56000 level and manages to stay above 56350 then prices can touch 56700-850 today. Buy Gold above 28870 TG-29090-29150 while below 28700 go for short selling.
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MCX Gold Silver Targets
MCX Gold and Silver Tips, Commodity market Updates, Live Gold Silver Trend In MCX, Live Price and Bullion Updates with Technical and Fundamental analysis. You can Get Live News From Here. This blog helps you in MCX commodities Trading Like- Bullions Metals - Gold, Silver, Copper, Nickel, lead, Energy- Crude oil and Natural Gas Etc.
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MCX Gold Tips
| TREND | Bullish |
| RESISTANCE 2 |
29750 |
| RESISTANCE 1 |
29800 |
| SUPPORT 1 |
29550 |
| SUPPORT 2 |
29630 |
| STRATEGY | Buy above 29750 |
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