Monday 19 March 2012

Commodity Gold Silver Update and Intraday Tips 19 March 2012

MCX Gold update 19 March 2012. Silver Tips, Gold Tips, MCX Intraday Tips, MCX Current View, Indian commodity

MCX Gold Tips: - Today MCX Gold has started dull in domestic market. Gold with April contract has opened at Rs 27899, while if I talk to closed position of it’s so it was closed at 27870 on last week. Currently seem of MCX Gold is trading down 0.16 at Rs 27825 at 3 Pm and its highest touches at Rs 27899, while its low position at Rs 27783.
Gold Trend- Consolidate for April contract.
Strategy –Buy on dips
Support and Resistance:- R2- 27995,R1 28,170 and Support 27735
MCX Gold Call for Today
Sell MCX Gold with April Contract below 27820.
Targets – 27,795, 27,755.
Stop Loss- 28,875.
MCX Silver Tips: - MCX Silver also has started still down in previous. Today MCX Silver has opened at Rs 57,238, while it was closed 57,235 on last week. Now It is trading up 0.47 at Rs 56,970 and its highest touched at Rs 57,368 at same time.
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