For this week, MCX Gold is showing downtrend. Gold is likely to find Support at 30900 - 31000 levels. Resistance range is expected to be between 31550-31600 levels.
Gold (MCX & Spot) Trading levels for the week
Sup1-31000 / $ 1735 Res1- 31600 / $ 1770
Sup2-30500 / $ 1710 Res2-31840 / $ 1785
Gold Trading Tips: Sell MCX GOLD December between 31500-31550 with Stop Loss- 31800 for Targets - 31100 / 31000
For this week MCX Silver is also in downtrend. Silver may find support around 60000 levels. Resistance is expectec in the range 62800-62900.
Silver (MCX & Spot) Trading levels for the week
Sup1-60000 / $ 32.75 Res1-62900 / $ 34.40
Sup2- 59500 / $ 32.50 Res2-63500 / $ 34.70
Silver Trading Tips: Sell MCX Silver December between 61800-61900 with Stop Loss-62500 for Targets -60750 / 60550
Gold (MCX & Spot) Trading levels for the week
Sup1-31000 / $ 1735 Res1- 31600 / $ 1770
Sup2-30500 / $ 1710 Res2-31840 / $ 1785
Gold Trading Tips: Sell MCX GOLD December between 31500-31550 with Stop Loss- 31800 for Targets - 31100 / 31000
For this week MCX Silver is also in downtrend. Silver may find support around 60000 levels. Resistance is expectec in the range 62800-62900.
Silver (MCX & Spot) Trading levels for the week
Sup1-60000 / $ 32.75 Res1-62900 / $ 34.40
Sup2- 59500 / $ 32.50 Res2-63500 / $ 34.70
Silver Trading Tips: Sell MCX Silver December between 61800-61900 with Stop Loss-62500 for Targets -60750 / 60550
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