Tuesday, November 06, 2012
MCX Gold Silver Target for Today
MCX Gold prices are expected to test a range of 31050 and 31100 on higher end and depreciation in Indian rupee will also support MCX Gold prices. GOLD TARGET. Traders should exit from all long positions as pressure may be witnessed from above mentioned levels. COMEX Gold prices inched higher ahead of theUS elections, however, domestic gold and silver prices witnessed impressive recovery, aided by currency induced movement.
MCX Silver prices might test levels of 59000 and 59200 on higher side and traders could witness selling pressure from these levels. Experts advice to exit long.