MCX gold silver updates for today :-
MCX silver opened at 49430 and after testing low of 49334 advanced to intraday high of 50391 level but settled at 50028 levels. So far in today’s session price is down by almost 1000 points and trading below 49000 mark. Gold slipped on Thursday despite the U.S. Federal Reserve vowing to maintain its economic stimulus measures, with investors taking profits from a recent run-up in prices.
Bullion View :- Bullion are expected to move down; one can initiate short positions at higher levels
Levels for Gold and Silver :- support -29,721-29,939 Resistance – 30,413-30,669.
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MCX silver opened at 49430 and after testing low of 49334 advanced to intraday high of 50391 level but settled at 50028 levels. So far in today’s session price is down by almost 1000 points and trading below 49000 mark. Gold slipped on Thursday despite the U.S. Federal Reserve vowing to maintain its economic stimulus measures, with investors taking profits from a recent run-up in prices.
Bullion View :- Bullion are expected to move down; one can initiate short positions at higher levels
Levels for Gold and Silver :- support -29,721-29,939 Resistance – 30,413-30,669.
Fill Free Trial Form.
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