Tuesday, 28 October 2014

MCX Gold and Silver Price Today

Gold could witness consolidation as investors wait for cues from the FOMC meeting, due Wednesday. Economists are expecting the Fed to end QE3. Comex December support is at 1217.0. Key resistance is at 1233.1. MCX Gold could track overseas prices. MCX support is at 26950. Resistance is at 27275. 

Silver could trade range bound. December support is at 17.07. Resistance is at 17.52. MCX Silver could track overseas prices. Key support is at 36821. Resistance is at 38587.

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