MCX
Gold (December) opened at 31666 and Gold continued to rally higher
for week and expected to reach level of 32321 and closed near high
at 32290 last week. GOLD TREND. Experts believes that this week MCX Gold prices
are expected to find support at 32000 levels and to the next strong
support is expected at 31600. Resistance level is expected in the
range of 32450 and 32500 and Gold is expected to trade high and can
reach resistance levels at 33800 and then to 33000.
MCX Gold Levels for this week
Trend
is expected to be upwards
S1-32000,
R1- 32450, S2-31600, R2-32800
MCX GOLD TIPS (Week)
Buy
MCX Gold December between 32000 and 32050 with stop loss of 31690
with target to be expected around 32500 and 32550.
MCX
Silver (December) opened at 61020 and continued to higher rally
making high of 63633 and closed near high at 63450 last week. SILVER TREND. Experts
believes that this week MCX Silver is expected to find support at
61550 levels and further below strong support is seen at 60000. If
Silver trading below 60000 can take prices lower to 59500 and major
support is seen at 57400. Resistance levels are expected to seen at
65000 and trading above 65000 would take Silver prices towards strong
resistance at 67000 and major resistance at 65750.
MCX Silver Levels for this week
Trend
is expected to be upwards
S1-61550,
R1-65000, S2- 60000, R2-67000
MCX SILVER TIPS (Week)
Buy
MCX Silver December between 61900 and 62000 with stop loss of 60700
and target of 63800 and 64200.