Monday 25 June 2012

MCX Silver Trading Strategy, Commodity Gold Trend Today

Silver Updates 25 June 2012, MCX Gold Tips, Commodity Tips Today, MCX Market Live Update, Intraday Indian Commodity, Level, Support, and Resistance today

MCX Gold and Silver has been slipped near to one percent today. Precious commodity gold and silver has introduced negative in previous. The international market gold and silver are trading bullish trend, despite domestic market these commodity are trading fully bearish trend. Basic reason of the decrease of gold and silver in domestic market, the rupees has been steadily increasing the pressure on commodity.

MCX Gold is trading below 0.75 percent at Rs 29750 and MCX Silver is trading below 0.92 percent at Rs 52,465.

MCX Gold may touch 30073.7, and silver may touch at 53234.3 today. Supporting zone is MCX gold at 29874.5, while silver is at 52672.4.
  
Trader advices trading in gold 
 Buy gold above 29,770 with august contract.  
Targets- 29785, 29803.

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