Wednesday, April 24, 2013


Expected to cut interest rates in Europe, in fact International market today is seen rising price of gold and silver. Spikes in the international market, the domestic market is also looking at gold and silver. In currently both precious metals are running to Upper levels.
MCx,Copper, Gold, Silver

Gold Updates:- On MCX Future Gold June delivery opens on positive side and its has gone 281 Rs above against the previous close 26388. Currently MCX gold is trading 26,663. Day trader can get Support levels 26441 to 26379 and resistance levels of 26781, 26821. If you want to trade in Gold, then Immediate Sell at levels of 26650 for June contract and targets put levels of 26550.  

Silver Updates: MCX Silver also follow good trend on multi commodity exchange, IN previous session Silver open at 42895 and its last close 42892.  
Current Rate- 43420(+528)  
Trend: Fully Bullish  
Strategy: Buy on dips  
Resistance: 43738/43991.  
Support: 43103/42871  

Tips:- According market Position you can sell MCX Silver below 43420 targets 43320,32220 and stop loss 43620.  

MCX Copper Trading Calls :- Sell MCX Copper for May delivery at around 381.5 and Targets 380 , 378.5 Stop Loss 384.5 .


falguni gyarsia said...

The yellow metal gold starts recovering its condition. It takes a high of $144671 in earlier session. More upward movement will see if it breaks the price $1447-$1450 level. Gold Silver Price and Intraday Future Tips

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