MCX Gold -Price have been trading with a negative bias, but even in this scenario unable to break below 28720 region could up thrust prices towards 28900/960 or even higher towards 29050. But break below 28700 region could ignite fresh selling pressure towards 28650/540 or even lower towards 28470.
MCX Silver-
Likely to be choppy inside the range of 53700-54400 levels with mild positive bias. Either side breakout would suggest fresh directional moves.