Monday, December 5, 2011

MCX Bullion (Gold and Silver) Tips and Trend for Today

MCX Silver Trend, MCX Gold Trend, MCX Gold Tips, MCX Silver Tips

MCX Gold- MCX gold feb contract is looking more upward, today it is trading at the level of 29182.00 with the loss of 16 points. But although it is looking bullish for the short term.

Support and Resistance for gold-

Resistance 2      29500
Resistance 1      29340
Support 1           29000
Support 2           28900

MCX Silver- MCX silver is also looking bullish for the short term trading, today it is trading at the level of 57376.00 with profit of 180 points for its march contract. We suggest that buy MCX Silver for short term at low levels.

Support and Resistance for silver-

Resistance 2      58500
Resistance 1      57800
Support 1           56500
Support 2           56000

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