MCX
Gold Trend :
In last week gold prices were seen and during the week it is expected
that gold prices is going to trade with positive breadth backing
risky global cues. This may results in good demand for gold however
in the Indian markets prices will gain further due to falling rupee.
MCX Silver Levels :Buy MCX Silver July between 54100-54000, SL-53190, Target - 55400/56050. (CMP: 54,172)
MCX
Gold Levels :Buy
MCX Gold (August) between 29,700-29650 with stop loss of 29300 and
target of 30500/31000.
Spot
Gold : Support – 1595/1560, Resistance – 1160/1694.
MCX
Silver Trend
: Silver is expected to trade with a mixed note in the international
markets with taking mixed cues from rising gold prices and pressure
in base metals while in domestic markets silver is expected to trade
higher due to falling rupee.
MCX Silver Levels :Buy MCX Silver July between 54100-54000, SL-53190, Target - 55400/56050. (CMP: 54,172)
Spot
Silver : Support 28.14/27.45, Resistance 29.10/29.74
