Wednesday, 10 February 2016

Mcx Commodity Market News for Gold and Silver

Accurate Commodity Market Tips Only at

Gold prices are now trading between strong resistance between 27400 up to 27850 zones. Failure to sustain between these levels will trigger a sharp correction in the counter. A daily close below 27190 will see prices correct towards 26975/26800 levels. Sustenance above 27500 will see prices test 27685/27850 levels.

The outlook for Silver will stay positive until prices hold on to support around 35400 levels. Until then corrective moves from higher levels will find support between 35990—35500 zones. Sustenance above 36000 will see prices test 36385/36550 levels on the upside. A daily close below 35400 will trigger a breakdown towards 35100/34990 areas.

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