October 23, 2012

MCX Tips Today Gold Silver


The gold prices has shown weakness in the today's session and it is probable to lengthen with a downside target of 30640 / 30560 levels. MCX gold on the downside and direct rise above 30820 region could trigger intraday buying interest in the mcx gold and can move towards the resistance of 30930 / 31040. MCX Silver is also showing weakness likely to continue towards 58600 initially followed by 58300. Even in this depressing sentiments, astonish trades above 59600 region could haul up prices to 60000 / 60400.

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