BullionMCX – MCX Gold Tips Today>MCX Silver Tips Today

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BullionMCX – MCX Gold Tips Today>MCX Silver Tips Today 4 October 2011

MCX Gold proved itself to be one of the strongest commodity as it surges again on Monday and closed at 52044. MCX Silver showed some relief for the traders as it closed in green and was much higher then what it closed on Saturday. It gained almost 900 points on Monday.

MCX GOLD (Aug) - MCX Gold august contract which will expire on 5th Oct 2011.gold is deviating as the US debt default concern made the investors cautious. Resistance and support levels for the today’s session are:

RESISTANCE: R1-26750 R2-26950

SUPPORTS: S1-26200 S2-25650

MCX SILVER (Sep) - MCX Silver closed at 52044. MCX Silver traded in bullish mood with heavy intensity. Expected resistance and support level for today trade are as follows.

RESISTANCE: R1-52350 R2-52850

SUPPORTS: S1-51750 S2-51400


Source :- BullionMCX.Com

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Today MCX Gold Tips MCX Silver Tips

MCX Gold Today*- Gold is trading at an edge today. MCX Gold prices have reached very close to Rs 27,000. MCX*Gold in the last 4 days, gradually has increased by nearly 6 per cent.*Gold in the international market today is trading at around 1 per cent.*The special part is that the volume MCX Gold is much reduced.*In spot market MCX Gold price has risen close to Rs 27,000.*Light has also gained the silver.*

MCX Gold Tips Today

MCX Gold December Buy – 26850 - 26870, Stoploss - 26 740 Target - 27000 - 27150*
MCX Silver December Buy - 51950-52000, Stoploss - 51 840 Target - 52500-52700*

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MCX Tips – Today Gold Tips | Today Silver Tips by BullionMCX.Com


MCX Tips :- Sharp decline in MCX Gold Today. MCX Gold price has come down on Rs 26,000 per 10 grams. Today and tomorrow in the spot gold has broken close to Rs 1,000. 1 per cent fall in international market, gold prices dropped to $ 1600. MCX Silver is also a declining trend. MCX silver Futures price has come down to Rs 49,500. The Credit Suis until next year to $ 1850 gold is expected to be expressed. But what is remarkable is that the decline in long-term estimates. According to the report by 2014 to $ 1425 gold price could come. Credit Suisse report both the gold and silver were down. Gold was not able to resist the Greece woes and fell almost 2.7% it was the major drawback as gold was very strong in spite of silver’s bearish trend. Silver today came down to 50100 almost 4% down no relief for any investor and trader as the down trend continues. MCX Tips

MCX GOLD Today (Aug) – MCX Gold august contract which will expire on 5th Oct 2011.gold is deviating as the US debt default concern made the investors cautious. Resistance and support levels for the today’s session are:

RESISTANCE: R1-26400 R2-26950
SUPPORTS: S1-25700 S2-25650

MCX SILVER Today (Sep) – MCX Silver closed at 50223.silver traded in bullish mood with heavy intensity. Expected resistance and support level for today trade are as follows.

RESISTANCE: R1-50550 R2-50850
SUPPORTS: S1-49950 S2-49700

Source :- BullionMCX.Com

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Gold Tips Trend Today | Silver Tips Trend Today By BullionMCX.Com

Gold at the auspicious day of Dussehra surges to 26510 which is good sign for the traders as the festival gave some hope to them. Traders eagerly waiting for the Diwali festival as it are one of the biggest festivals in India. Silver made a new high of last 4 day trading with a strong close of 53237. Some sign of comfort for those who bought silver at upper levels. Traders hoping that this rally will continue for silver and it will soon reach a level of 60000 mark.

GOLD (dec) – MCX Gold august contract which will expire on 5th Oct 2011.gold is deviating as the US debt default concern made the investors cautious. Resistance and support levels for the today’s session are:

RESISTANCE: R1-26700 R2-26950

SUPPORTS: S1-26050 S2-25650

SILVER (Sep) – MCX Silver closed at 53237.silver traded in bullish mood with heavy intensity. Expected resistance and support level for today trade are as follows.

RESISTANCE: R1-53650 R2-53950

SUPPORTS: S1-52950 S2-50650


Source :- BullionMCX.Com