Showing posts with label Silver MCX Commodity Tips. Show all posts
Showing posts with label Silver MCX Commodity Tips. Show all posts

Tuesday, 17 July 2012

GOLD SILVER UPDATE


Silver is a very ductile and malleable metal used for thousands of years for ornaments and utensils, for trade, and as the basis for many monetary systems. Its value as a precious metal was long considered second only to gold it was often more valuable than gold. Silver moved higher in yesterday session as euro surged against dollar but it's fall again today. BUY SILVER SEP ABOVE 52950 TARGETS 53015, 53100 , 53200 STOPLOSS 52823.now silver mcx is 53010 it’s percentage of changes is 271. 
Gold trading range for the day is 29104-29418. Technically market is trading in the range as RSI for 18 days is currently indicating 41.93, where as 50 DMA is at 29681.28 and Gold is trading below the same and getting support at 29192 and below could see a test of 29104 level, And resistance is likely to be seen at 29349, a move above could see prices testing 29418.

Wednesday, 13 June 2012

Commodity Silver Trading Tips, MCX Gold Trend Today

Gold Update 14 June 12, MCX Silver Tips, Commodity Gold Silver Tips, MCX Level, Support, Indian Commodity Market View

MCX Gold and silver rates has expected bullish in domestic market. The slight increase in the international market, Gold and Silver are increasing also in domestic market today.

0.3 percent on MCX Gold is trading at Rs 30130 with strength, while MCX Silver is also trading above 0.4 percent at Rs 55220 in Current rate.  

MCX Gold is support expect prices to rise up to 20911 to 29787 Level. MCX Gold major resistance is 30164. If any condition it will break then next resistance is 30293.

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