Wednesday, 3 February 2016

Mcx Commodity Trading Tips for Gold and Silver

Gold could remain range bound to firm as the Dollar remains weak. Support is at 1120.0. Resistance is at 1135.0. MCX Gold could remain range bound to firm, tracking firm overseas prices. Support is at 26850. Resistance is at 27000. A close above could push prices to 27300 levels.

Silver could trade range bound. Weak Dollar could limit downside. Support is at 14.20. Resistance is at 14.45. MCX Silver could trade range bound. Support is at 34350 and 34600. Resistance is at 35150 and 35315.

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