November 25, 2011

MCX Gold Tips and MCX Silver Tips Trend for Today

MCX Gold Tips and MCX Silver Tips Trend for Today for 25 November

MCX Live Gold prices has breached the 28450 region and now it is expected that prices may extend the current weakness towards 28300 initially then to 28130/27980 region and holding the upside mcx live prices of 28550. If MCX Gold has shown a direct rise above 28580-600 region would be questioned our bearish view and such moves would lift prices to 28670/720 then to 28850. 

MCX Silver Prices are trading near the medium term falling support 54300. For MCX Silver  Intraday we expect a high probability to smash below 54300 and set off strong selling pressure with a potential towards 53700/52500 followed by 51000. In MCX silver and unexpected turn higher above 55300 would tend the trend toward bearish momentum.  
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