MCX BULLION-Gold-Silver Tips for Today
MCX BULLION-Gold-Silver Tips for Today 6-jUNE 2013
Bullion Commodity is seeing downside today. After initial decline gold
and silver in the international market. COMAX in gold is trading flat,
while silver is 0.5 %. As a result – both precious metals gold and
silver turn to back again. However recovery in COMEX futures is not
helping gold and silver prices. Currently MCX Gold is trading 60 Rs down
due to previous close and cost price at 27625. Silver on July contract
is trading 198 Rs down due to last close and Cost rate 44043.
Day trader can initiate Sell gold and silver. We find higher levels on Gold 27678, while lower levels 27421. Silver can find support 43737.5 and high-end 44211.
Gold Silver Calls
$ Sell MCX Gold near cost for 27600 on august delivery with targets 27553, 27506 and Stop Loss 27694.
# Day trader can sell MCX silver with in cost price near to 44000 & Targets 43900, 43800 Stop Loss 44200.
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