Commodities - MCX Tips For MCX Gold Tips MCX Silver Tips in MARKETS - MCX Tips For MCX Gold Tips MCX Silver Tips 11 October 2011 It was a bad day for all the ...
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MCX Tips For MCX Gold Tips MCX Silver Tips

  1. MCX Tips For MCX Gold Tips MCX Silver Tips

    MCX Tips For MCX Gold Tips MCX Silver Tips 11 October 2011

    It was a bad day for all the traders especially in MCX Gold and MCX silver. The rallies were totally unpredictable MCX Silver moved around 52500 to 53500 levels most of the times and no big movement was seen in these two metals in commodities.

    MCX GOLD (Dec) – MCX Gold is deviating as the US debt default concern made the investors cautious. Resistance and support levels for the today’s session are:

    RESISTANCE: R1-26700 R2-26950
    SUPPORTS: S1-26350 S2-25950

    MCX SILVER (Sep) – Silver closed at 53028. MCX silver traded in bullish mood with heavy intensity. Expected resistance and support level for today trade are as follows.

    RESISTANCE: R1-53600 R2-54000
    SUPPORTS: S1-52750 S2-52200








  2. Today's MCX Gold Silver Tips

    The initial rapid decline in gold.*While silver has declined by 0.5 percent. International markets are also trading at a decline in gold and silver. MCX Gold gained 0.25 per cent per 26 725 is trading at 10 grams. *MCX silver at the rate of Rs 53,000 level has come down.*

    MCX Gold December Sell - 26 800, Stoploss - 26 890 Target - 26 500*

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