Friday, August 03, 2012

MCX Gold Silver Tips for 03rd August 2012

MCX Gold : MCX Gold is looking good at 29850 as prices are moving on higher end. Trader can show interest in buying around 29850. Globally gold prices ended with losses on Thursday.
MCX Gold (Aug2) : Open – 29710, High – 29739, Low – 29541, Close – 29607, %change - -0.48
Gold Support Resistance For Today -
Support – 29336, 29224, 29152
Resistance – 29520, 29592, 29704
MCX Silver : MCX Silver prices are expected to range bound from 52400 to 53800. Experts says anyone can trade within this range.
Silver(Sep2)/kg : Open - 53900 , High – 53900, Low – 52662, Close – 53172, %change - -0.49
Silver Support Resistance For Today -
Support – 52593, 52263, 52025
Resistance – 53161, 53399, 53729