Gold rates are technically weak in the Comex and MCX for short term. MCX Gold was not sustaining at higher level in the last week but on the last day it falls sharply. For COMEX it is expected that in coming week 1500$ will act as a major support in COMEX Gold and 1920$ will act as a major resistance. The report for MCX Gold below 26000 it can test the level of 25550/25050/24600. Trade by keeping the strict stop losses.
MCX Silver is in a slightly downward in trend so. Last week MCX silver was down for the whole week. In MCX Silver 62000 and 65000 levels will act as major resistance and 49000 and 45000 will act as major supports.
MCX Gold Silver Weekly Levels and Weekly Pivots
MCX GOLD
R3 - 31512.00 R2 - 29242.00 R1 - 27979.00
Pivot - 26972.00
S1 - 25709.00 S2 - 24702.00 S3 - 22432.00
MCX SILVER
R3 - 85248.67 R2 - 71060.67 R1 - 62393.33
Pivot - 56872.67
S1 - 48205.33 S2 - 42684.67 S3 - 28496.67
Latest: MCX Gold Silver Crude Tips By SMS Here
Latest: MCX Gold Silver Crude Tips By SMS Here
