mcx gold silver intraday outlook for 1 November 2016

mcx gold intraday outlook for 1 November 2016

MCX gold future intraday view and tips for 1st November 2016

Mcx gold future last closed at 29953 with loss. After breakout god prices seeing some supply from market and consolidating. For intraday mcx gold outlook is bullish and strategy will be buy on dips. Mcx gold intraday support zones as well as fresh buying levels are 29850 and 29525. Mcx gold intraday resistances as well as short term target zones are 30050 and then 30250. Positional bullion traders watch 30150 level as strong resistance breakout level for targets 30600 to 31k+. mcx silver intraday outlook for 1 November 2016

MCX Silver future intraday view and tips for 1st November 2016

Mcx silver future last closed at 42417 with loss. Mcx silver above 42400 remain bullish and buy for medium to long term view. Mcx silver intraday outlook is bullish and strategy will remain buy on dips. Mcx silver future intraday support zones as well as fresh buying levels are 42200 and 41800. Mcx silver future intraday resistances are 42750 and 43150 and short term target zones. Mcx silver future positional target if 44200 if sustain above 42400.

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Pramod Baviskar

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