MCX Gold Silver Tips For Today

trademaster

New member
MCX Silver Tips
The Silver is in perfect uptrend .Currently Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend. Cautious point is buying at higher levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY.
Currently Silver is in HOLD SHORT position Silver has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below56385.8 Buy if above 58445.0 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 57522 with a stop at 56612.4 Below 56385.8 go for sell. Intraday Resistance of SILVER are 57394.1/57760/57551/57671, Intraday Support of SILVER are 56511/56145/56596/56477.

MCX Gold Tips
The Gold is in perfect uptrend. Currently Gold is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend. Cautious point is buying at higer levels seems decreasing. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Gold is 30592-29762-29502. Immediate resistance for Gold is 31234.

Short term and Intraday Level of GOLD
Currently Gold is in HOLD SHORT position Gold is in sideways so for short term better buy above 31110.0 with stop at 30734.0 The oscillator is showing SELL signal. Intraday Trend- Buy is advised only above 31048.7 with a stop at 30700. Below 30625. go for sell and put stop at 30973. Intraday Resistance of GOLD are 30899.5/30951.3/31173.1/31261.5
Intraday Support of GOLD are 30774/30558/30470

Get More Tips here - Copper Updates|MCX Tips For Gold Silver Today ~ MCX NCDEX Commodity Tips

Source- MCX Tips
 

kittycriston

New member
Today gold showing strong uptrend
Buy gold above 29800 tgt 29850, 29900, 30000%u2026%u2026%u2026%u2026%u2026sl 29600

Silver is going to boom today in positive direction
Buy silver above 53950 tgt 54050, 54150, 54300%u2026%u2026%u2026%u2026.sl 53600
 
DAILY MCX GOLD CHART
OPEN: 29770
HIGH: 29770
LOW: 29606
CLOSE: 29668


%u2022 GOLD LOOKS DOWNWARD
%u2022 TREND: BEARISH
%u2022 STRATEGY: SELL ON RISE

DAILY MCX SILVER CHART
OPEN: 54240
HIGH: 54240
LOW: 53587
CLOSE: 53801
%u2022 SILVER LOOKS DOWNWARD
%u2022 TREND: BEARISH
%u2022 STRATEGY: SELL ON RISE
 
GOLD HOURLY CHART

S1 S2 R1 R2
1574.68 1568.78 1582.80 1587.26

GOLD LOOKS BEARISH SELL BELOW 1575.00 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 1568.00 LEVEL AND MAINTAINING SL OF 1579.00
 
Re: GOLD HOURLY CHART

EPIC COMMODITY UPDATE : GOLD

Gold had dropped $4.35 an ounce to $1,553.79 by 0037 GMT, after hitting its lowest since April 5 at $1,553.10. The metal declined more than 1 percent on Wednesday in its biggest one-day fall since Feb. 20.
 
GOLD MCX DAILY CHART

GOLD MCX looks very week. On each bounce back the commodity is facing selling Pressure and One Can Initiate Short position around 25700 with SL 26000 for Target 25000 Panic selling is still remaining stay caution and avoid any positional long
 
GOLD MCX DAILY CHART & LEVELS

SUPPORT: Immediate Strong Support @26100 and Strong Support @25350
RESISTANCE: Immediate Resistance @26535 and Upside Resistance @26720

Comments:
GOLD MCX has immediate resistance @26535 and on upside @26720. As GOLD MCX trend is down and looks week one should look opportunities to initiate short position on resistance levels and Maintain Target of 25350. If Gold Breaks 25300 on closing basis may face more Panic Sell off.
 
W

waktem

Guest
According to me the gold prices trend is

Trends in gold prices:

International gold prices have risen exponentially in the last decade. Since 2000, the international gold prices have grown at compound annual growth rate of 16.3 per cent. The domestic gold prices have moved in tandem with international gold prices in recent years. Volatility in international gold prices in recent quarters is positively skewed implying that it provides fewer large losses and a greater number of larger gains. One of the major components of gold demand in recent years has been investment demand at the global level.
 
EPIC COMMODITY UPDATE : GOLD

Gold ticked up on Monday, holding near its highest level in more than a week, as a rebound in prices from a 2-year trough failed to curb investor appetite for the precious metal.
 

harrey.martin

New member
Hello there,

Thanks for start this helpful topic here, With accurate gold silver trading tips traders can get better returns, make sure they should need to get accurate trading tips which are provides by market experts.
 
W

waktem

Guest
Gold trend for today

Gold fell $17.10 an ounce to $1,430.60 by 0159 GMT, nearing Friday’s low of $1,420.61, its weakest since April 24. Gold has fallen more than 14 percent this year as investors switch funds into a rallying equity market and the dollar.
 
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