MCX gold intraday trading on dhanteras 2016
Mcx gold future last closed at 29931 with gain. Gold is as expected consolidating near 29750 zone and building base before moving upward. For today, mcx gold future outlook is bullish and strategy remain buy at support zones with stop loss. Mcx gold intraday support zones are 29750 and 29500 and these are buying levels. Mcx gold intraday resistances are 30060 and 30260 and these are intraday profit booking levels. Commodity investors can buy gold around 29500 for next dhanteras targets of 31200 and then 33500.
MCX silver intraday trading on dhanteras 2016
Mcx silver future last closed at 42269 with gain. Mcx silver also after strong fall consolidating in range of 41700 to 42400. Expect next major move on upside above 42400 level. For intraday, mcx silver outlook is bullish and strategy remain buy t supports. Mcx silver intraday support zones are 42000 and 41700 and these are fresh buying levels. Mcx silver intraday resistances are 42500 and 43150 and these are mcx silver intraday resistances as well as target zones. Mcx silver achieved my 42400 positional target next target is at 44200+.