MCX Gold price chart suggests that the gold live prices have now entered a trading range of 28000 to 28500 levels as the CMP for gold is 28015.00. The Gold chart suggest a short term bullish. We recommend buy in the range of 28018-28120 levels with a stoploss below 28080 levels.
Silver price chart suggests that silver for today have entered into a sideways consolidation range of 63000-65000 levels and the current CMP is 64525.00. Major directional breakout will be seen outside this range only. Trading Call: Buy in the range of 28018-28120 levels with a stop loss placed above 28080 levels for targets of 28100 levels.
MCX Silver (Sept)
Trading Call: Likely to trade in a consolidation range of 63000-65000 levels CMP 64525.00.
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