MCX Live Support Levels for Gold, Silver for Today 17 October.
MCX Live prices for Gold MCX have been trading in range bound (26480- 26840). But the expected bullishness can be maintain major only above 27000 region. Conversely intraday weakness only below 26600 towards 26540/26480 region. Voluminous break below 26480 region would trigger fresh selling to 26370/26250.
In MCX Silver a choppy trading session is expected as long as prices trade with in the range of 54500-52500 levels. However, an unexpected sell off below 52500 may be a sign of weakness and likely to target towards 50200 later
MCX Live Support Levels for Gold and Silver for Evening session:
MCX Gold Support Pivot 26680
R2 - 26900 R1 - 26785
S1 - 26600 S2 - 26480
MCX Silver Support Pivot 53350
R2 - 56200 R1 - 54500
S1 - 52500 S2 - 51100
