Gold is in perfect uptrend .Currently Gold is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Gold Cautious point is buying at higer levels seems decreasing. The Gold is now trading in overbought level. The Gold is now trading in overbought level.
Saturday, July 16, 2011
MCX Weekly Report 18 July To 23 July 2011
Currently Silver is in HOLD LONG position Silver has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 59323.9 with stop at 52660.0 The Silver is now trading is approaching overbought level. The Silver is now trading is approaching overbought level.
MCX Gold and Silver Tips For Today 16 July 2011
Today MCX Silver seeing perfect upper trend.Silver Has supported good volume. MCX Silver Agin will reach above 65000 soon. in fact last few days silver made new positive accumulation. Silver has overall upper trend its indicate BUY signal The tips of the day for silver is BUY on Dip.
MCX Gold also has good volume and open intrest and trading for new high. in gold i seem it will make new high and tips for traders is BuY on Dip. Gold indicate green signal.
MCX Gold also has good volume and open intrest and trading for new high. in gold i seem it will make new high and tips for traders is BuY on Dip. Gold indicate green signal.
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