June 20, 2012

Gold Trading Trend and MCX Tips 20 June

Bullish Trend in gold silver is expected
Bullion metals gold and silver is expected to trade in a bull run the gold prices are expected to go more upwards. Today we expects gold prices to go higher at Rs 30,551 levels and buying gold recommended at Rs 30,200 with a stop loss of Rs 30,050 for a target of Rs 30,500-30,550. MCX silver is advised to go long at MCX at levels of around Rs 54,750 levels to about Rs 54,850 levels with a stop for this trade at around Rs 54,500 levels and look to target levels of about Rs 55,400 to Rs 55,700 per kilogram.

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