Tuesday 19 June 2012

Commodity Gold Updates, MCX Silver Trend and Support Today

Gold Updates 19 June 12, Silver Trend, MCX Gold Tips, MCX Tips Today, Commodity Trading Strategy, MCX Market, Future, Trend Support Level for MCX

The slight edge in international markets with domestic markets in precious commodity gold and silver light seems to bounce today.

Gold on domestic market is trading above near to 0.3 percent at Rs 30,375, and august future contract is also has touched there new record today.

MCX Gold trend is bullish and we can expect prices to rise up to 30077- 29844 Level. Major resistance is seen near Rs 30422. If any way this will break then next resistance is 30574.  
MCX Gold Call: Sell Gold Aug below 30200 Targets- 30177, 30152.  

Silver Trading Updates Today 
 MCX Silver is also trading with strong point in domestic market. In previous it has started positive at Rs 55025, while last day it was closed above 0.73 percent at Rs 54,940. MCX Silver has touched highest at Rs 55100 with July Future contract.
MCX Silver Support zone is 54443-53963. Currently it is trading volatile position.

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