Gold and Silver Tips for today
MCX GOLD FUTURE PIVOT POINT CHART
for today 3 April 2012,gold is trading below its pivot point of 27,950.so remain on short
side with stoploss above and targets for intraday will be 27,800 and 27,690.MACD is with bearish
divergence and RSI near oversold area.if stoploss triggers position should be reversed on
MCX SILVER FUTURE PIVOT POINT CHART
while silver opened strong today with bullish momentum contradictory to GOLD.
today silver future pivot is 57,300 below this long positions should be exited and short side
positions should be taken for target of 56,900 and 56,400 while if hold 57,300 then
carry long for target of 57,900 and then 58,400!!
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