Tuesday, 22 March 2016

Live Mcx Market News On Gold and Silver

MCX Gold Oct. It suggests that prices are showing weakness in the near term. It has potential to break immediate support of 28870 levels and correct till 28425-28030 evels. On the upside, immediate resistance is located at 29420 and 29600 levels.

MCX Silver. In the last wee, prices failed to cross immediate resistance of 37100 levels and turned on the downside. Recent development suggests further correction till 36835 levels. If it is taken out then it could fall till 35910 levels. On the upside, 37100 is likely to act as strong resistance level.

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