July 16, 2012

MCX Gold Silver Live Prices | Best MCX Tips

MCX Gold have been consolidating with less directive moves and now gold is trading in a uptrend. But unexpected plunge below 29160 region may ignite fresh selling towards 29030 / 28880. For MCX silver negative trend is intact, intraday moves likely to be restricted near 52200-52000 region and push prices higher. A direct rise above 54500 with volume would require negating our bearish expectation and push prices higher. The gold is now trading in green but again go in red while the silver is still trading in a downtrend. 
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