Tuesday 24 April 2012

Commdoty MCX Gold Silver Tips 24 April 2012

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Gold and silver has seen a surge in international market today. Gold on Comex is trading above near to 1,637 dollar, while silver is also jumped near to one percent. In domestic market MCX Gold has introduced positive with Rs 28810 but it was closed low trend on Monday. Current position of MCX Gold is trading up 0.25 percent at Rs 28854.
 MCX Gold Trading Tips: - Today MCX Gold has seen by position with stop loss.
Sell MCX Gold below 28850 with April contract.
Targets- 28837, 28823.
Stop Loss – 28873.
MCX Gold Resistance and Support for Today
Resistance- 28850-28919
Support- 28667-28553  
MCX Silver Update: - Today MCX Silver has started with negative direction and immediate its recover position. Now it is trading up near to half percent at Rs 55729, while last trade of its closed down 1.5 percent at Rs 55630 on Monday.
 Support- 55096-54638
 Resistance- 56218-56882.
 MCX Silver Call:- Sell Silver may below 55700. Targets- 55635 , 55550 Stop Loss- 55827.


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