10:44 PM
Analyst
MCX GOLD TECHNICAL VIEW : It tested a high of Rs 28676 per 10 grams, a level not seen since April 2014. However, profit booking dragged the contract from there and Gold closed at Rs 28345 per 10 grams. Supports for the contract are at Rs 28031 per 10 grams. Gold has also breached the trendline resistance of Rs 28374 per 10 grams yesterday. A further rise in price is resisted at Rs 28650 and 28750 per 10 grams.
Gold Silver Intraday Tips
Gold Calls: MCX Gold is trading flat at Rs 28230, If you trade in gold then you should buy MCX Gold near to 28250 with in August future delvery targtes 28290, 28330 stop loss 28200.
Silver Calls: MCX Silver is trading bearish zone at Rs 41365, Only Day trader can buy it;s current levels like 41400 with in September future contract targets 41500, 41600 stop loss 41250.
Gold Silver Intraday Tips
Gold Calls: MCX Gold is trading flat at Rs 28230, If you trade in gold then you should buy MCX Gold near to 28250 with in August future delvery targtes 28290, 28330 stop loss 28200.
Silver Calls: MCX Silver is trading bearish zone at Rs 41365, Only Day trader can buy it;s current levels like 41400 with in September future contract targets 41500, 41600 stop loss 41250.
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BUY GOLD AUGUST ABOVE 28220 TGT 28250, 28300, 28350 STOPLOSS 28100
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