MCX Gold Updates:- In Delhi spot market gold price rose in quick time and
reached to the close price of Rs 33,000. In the futures market, gold is traded
on the decline. Rupee against the dollar is showing strong pressure on gold
futures. Today the rupee against the dollar has reached the upper of last 8
weeks.
Currently, with a decline of 0.6 per cent on MCX gold is
trading at Rs 32 120. While silver dropped 0.5 percent and has come down to Rs
65,000. All mcx base metals are trading with gain of near 1.2 to 2.5 percent.
Intraday Trading Tips for Gold & Silver Commodities at MCX for Today
MCX Gold October contract may continue to trade in the bullish trend.
If it goes upside it will take the resistance at around 32570 or even 32800.
& if it goes in the down side it will take the support of 31990 or 31450.
Intraday Gold Trading Tips Buy MCX GOLD Oct between 31400 - 31450, SL 31200, Target 31750 / 31800
Intraday Gold Trading Tips Buy MCX GOLD Oct between 31400 - 31450, SL 31200, Target 31750 / 31800
MCX Silver is being expected an initial dip followed by a
consolidation and drift higher. Looking ahead 65600 is the immediate target
followed by 67000/69000 or more.
Intraday Silver Trading Strategy Buy MCX SILVER Dec between 63350-63450, SL 62700, Target 64500 / 64800
Intraday Silver Trading Strategy Buy MCX SILVER Dec between 63350-63450, SL 62700, Target 64500 / 64800
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Buy MCX GOLD Oct between 31400 - 31450, SL 31200, Target 31750 / 31800
Buy MCX GOLD Oct between 31400 - 31450, SL 31200, Target 31750 / 31800