April 16, 2012

MCX Gold Silver Market Tips Trend

MCX Gold (June) contract prices have reversed after taking resistance at 28900 levels. The market has given a negative crossover and prices are currently taking support on short term averages. We recommend a sell below 28500 levels with a stop loss placed above 28900 levels for a target of 28000 levels. MCX silver prices have reversed after taking resistance at 57200 levels. RSI has given negative crossover and prices are trading below short term averages. We recommend a sell around 55800 levels with a stop loss placed above 56400 levels for a target of 54000 levels.

MCX Tips Trend for today live market trend and tips, mcx gold tips, mcx silver tips, mcx tips trend.
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