MCX
Gold Trend :
Experts believes that Gold June is expected to move in the range of
29,300 and 30,200 during this week.
MCX
Silver Trend
: Silver July is expected to make movoe in the range of 52,500 and
57,000 during the week.
MCX
Gold Support Resistance
Support
– 29600.00
, 29435.00 , 29343.00
Resistance
- 29857.00 , 29949.00, 30114.00
MCX
Silver Support Resistance
Support
– 54336.00, 53978.00, 53676.00
Resistance
- 54996.00 , 55298.00, 55656.00
Gold
showed poor start in starting of week due to Weak employment data for
Friday from US and Euro debt crisis is giving support to the fire.
Markets started weak and investors keeping eye on G7 meeting on
Tuesday expecting good news for Eurozone debt crisis. All these
factors results in building a sentiment for Investors which results
in buying of gold resulting in rally on Tuesday.
Click here for Tomorrows Technical Levels For Gold and Silver....