June 28, 2012

Gold Trading Silver Trading Tips 28 June

MCX Gold showed a negative divergence where prices have made a higher high but has made a lower high. RSI is in a sell mode and prices are trading below short term averages. We recommend a sell around 29900 levels with a stop loss placed above 30300 levels for a target of 29120 levels. The silver started trading in green and is trading at 52850 levels and is with a gain of 0.14% and is advised to buy for today's session.
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