Monday, January 14, 2013
Commodity Tips: Buy MCX Gold and Silver
MCX Gold is trading on a volatile trend today. Price might get the 31000 level in 1-2 trading session. Bullish sentiments are looking in today's session. On the technical chart we are observing that prices are trading near the crucial support of 30650 levels. MACD is in a buy mode and prices are trading close to the short term averages. For today Commodity Tips for MCX Gold is to buy around 30700 levels with a stop loss placed below 30500 levels for target of 31200 levels.
MCX Silver Tips
MCX Silver is trading on volatile to bullish sentiments today. Currently it is trading at 58352 up by 153 points. On International updates COMEX silver is also suggested in a buying fevour. On Technical charts MCX Silver prices are trading near the crucial support of 58000 levels. RSI is in a buy mode and prices are trading close to the short term averages. MCX Tips for Commodity Silver is to buy around 58200 levels with a stop loss placed below 57700 levels for target of 59500 levels.