MCX Gold suggest that prices have breached the crucial support of 29700 levels. the gold is trading in a downtrend and is in a sell mode and the prices are expected to correct up to levels of 29500. MCX gold is advised sell around 29700 levels with a stop loss placed above 29800 levels for targets of 29500 levels. The Silver prices have breached the crucial support of 52300 levels. The silver is also in a sell mode and the silver prices are expected to correct up to levels of 51200. Sell around 52300 levels with a stop loss placed above 52600 levels for targets of 51200 levels.
