January 28, 2012

MCX Tips Trading Gold Silver for Today

MCX Gold Silver is again trading in green in intraday session and mcx gold is in its bull phase for a medium term. MCX gold is showing some up move after small correction and trend is strong but volume is not much and is showing unsatisfactory open interest. MCX Silver is in uptrend and is trading with upward sentiments at mcx live market. But buying at higher levels in silver is decreasing and silver is showing a buy signal.

MCX Silver (Mar) is advised to buy only above 57790 with a stop loss 56695 and target of 57990.

MCX Gainers are mcx silver, mcx gold and mcx natural gas.

MCX Losers are kapas, potato and mcx crude.
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