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BullionMCX.Com - Mcx Gold Tips Today | Mcx Silver Tips Today 10 October
MCX Gold and Silver were in very uncertain condition and no one was able to predict its movement. It made people bear too much looses as when trader short silver it made highs and on buying made lows thus every trader lost money. crude gained after it stopped to fall in the world market. uncertainty in the gold and silver led trader to trade in crude oil and thus crude came up strongly at the end of the week.
MCX GOLD (Dec) – MCX Gold august contract which will expire on 5th Dec 2011.gold is deviating as the US debt default concern made the investors cautious. Resistance and support levels for the today’s session are.
RESISTANCE: R1-26700 R2-26950
SUPPORTS: S1-26050 S2-25650
SILVER (Sep) – MCX Silver closed at 52297.silver traded in bullish mood with heavy intensity. Expected resistance and support level for today trade are as follows.
RESISTANCE: R1-52650 R2-52950
SUPPORTS: S1-51950 S2-51650
Source :- BullionMCX.Com
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