MCX Gold Tips
Gold is technically consolidating on charts. Last week gold was trading in a range for most part of the week. In the coming week 28600 will act as a major support in gold and 29600 will act as a major resistance. For the next week traders can use sell on higher level strategy if gold sustains below 29100 than below 28950 it can test the level of 28810 to 28670.
MCX Silver Tips
Silver is technically weak on charts. Last week silver was trading on lower side for most part of the week. For the upcoming week 54400 and 52500 are the crucial supports and 58500 and 60500 are crucial resistance in MCX Silver. For the next week traders can use sell on higher level strategy if silver sustains below the level of 56150 then below 55650 silver can test the level of 55200/ 54600.
courtesy: www.steelguru.com
