Gold hit a 2-week high in today's morning session because gains dollar induced investors to buy gold. MCX Gold Feb is currently at 29295 price level which is down by 52 points. Comex Silver is currently trading at $32.59 whereas MCX Silver March is currently trading at 57395, it is down by 392. MCX gold prices took resistance near 29400 level and then bounced back. It is expected that prices will reach upto levels of 29100. MCX Silver is looking weak and we expect that prices will reach to 56600 levels.
MCX Live Tips for Gold Silver for Today
Gold (Feb) is advised to Sell around 29350 levels with a stop loss above 29500 and target of 29100 levels.
Silver (Mar) is advised to Sell around 57500 levels with a stop loss above 58000 levels and target of 56600 levels.
