Gold
-
Support
1 – 28740, Support 2 – 28621, Support 3 – 28424
Resistance
1 – 29056, Resistance 2 – 29253, Resistance 3 – 29372
Silver
-
Support
1 – 53541, Support 2 – 53118, Support 3 – 52446
Resistance
1 – 54636, Resistance 2 – 55308, Resistance 3 – 55731
Investors
who are short in gold that if you have got gold at 29,100/10 grams
then experts believes that its good to remain short, hold on those
position and cover it at 28,600/10gm. They also believe that gold is
weak and declining in value.
Globally
Gold dipped to one week low today on wednesday following weaker euro
and euro zone debt crises. Experts believes that due to strength in
dollar and weakness in other currencies have kept gold and commodity
lower.
MCX
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