MCX Gold Updates :- The Gold is in perfect uptrend. Currently Gold is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higher levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY.
Gold Support and Resistance :- Support for the Gold is 28005-27978-27878-27866-27855-27853. Immediate resistance for Gold is 28649
MCX Silver Trend :- The Silver is in long- term bull phase. Currently Silver is moving sideways. The oscillator is showing BUY signal. In last 1 month volatility is very less and fresh Buy can be considered in the Silver if it close above 58919 or buy with strict stop at 55677. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.
Silver Support and Resistance :- 93.57% accurate Tips of MCX & NCDEXSupport for the Silver is 56071-55480. Resistance for the Silver is 57158-57329-57657-57869
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