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MCX Gold June is currently at 28595, it is trading down by 78 points for the day. Silver futures for May delivery advanced 0.5 percent to $31.679 an ounce. Comex Silver is currently trading at $31.58 whereas MCX Silver May is currently trading at 56143, it is down by 204.
MCX Gold Tips
MCX Gold is suggested to get a prices which will be trading near a crucial resistance of 28600 levels. RSI is in a buy mode. We expect prices to go up to levels of 28900 if the prices trades above 28600.
Trading Call: Buy MCX Gold above 28600 levels with a stoploss of 28400 for target of 28900.
MCX Silver Tips
MCX Silver is also get prices are trading near a crucial resistance of 56500 levels. Stochastic is in a buy mode. We expect prices to go up to levels of 57200 if the prices trades above 56500.
Trading Call: Buy MCX Silver above 56500 levels with a stoploss of 56000 for target of 57200.
