August 25, 2011

MCX Gold Tips 26 Aug | MCX Online News 26 Aug

Gold Prices while stay below 26102 levels and expected to extend the selling pressure initially towards 25410-353 price levels at the MCX market. MCX Gold prices for today are expected to hold the same and trigger pull back rallies possibly towards 25805/910 or even more in the upcoming sessions. However a direct fall below 25352, we can’t be ruled out the chance of resuming the sell off  till 25200/25000 the gold.

MCX Levels :
Support for Gold remains at 25814/25333 and resistance at 27194/28093 level.
Support for Silver remains at 58344/56849 and resistance at 62586/65335 level.
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