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Gold and Silver haven,t been recovering them position on last three days. A sharp decline has been seen in precious commodity like gold and silver today. Comex at around 0.60 percent of the gold has come down to 1,597 dollar, although silver is also trading down near around 1.5 percent at 29 dollar perounce.MCX Silver and Gold prices have alos sufferd the decline phase in domestic market. The precious commodity slow down in international markets also effected on the domestic market has been in the business of gold and silver.
MCX Gold is trading down 0.5 percent at Rs 28508, while Silver is also trading at Rs 54,645 below 0.89 percent at around 10.50 Am.
MCX Gold and Silver is showing fully bearish trend in Currently . Gold is Support zone 28539.7 to 28396 for today.
MCX Gold Trading Strategy Today
Every Traders or investers can Sell MCX Gold when its come down 28500 with current rate.
Targets- 28477 , 28452.
Stop Loss- 28543.
