Market Update

Market Watch

Thursday 3 January 2013

Mcx Live Market Watch



GOLD:
Trend updated for-Jan/03/2013.CMP-31042 Overall trend of the Gold is bearish for medium-long term .Currently Gold is moving sideways The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal but has moved past its recent high with good volume points to a positive break out . The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal For short term Gold is in SELL position and closed above 1 week high with volume signals up breakout.Positionally Support for the Gold is 30911-30757-30710-.Resistance for the Gold is 31382-31463-31465-

SILVER:
Trend updated for-Jan/03/2013.CMP-58938 Overall trend of the Silver is bearish for medium-long term .Currently Silver is moving sideways The Silver is now trading in oversold level. The oscillator is showing SELL signal but has moved past its recent high with good volume points to a positive break out . The Silver is now trading in oversold level. The oscillator is showing SELL signal For short term Silver is in HOLD SHORT position and closed above 1 week high with volume signals up breakout.Positionally Support for the Silver is 58445-57740-.Resistance for the Silver is 60321-60800-61026-61504-


Money CapitalHeight provides 2 days free Mcx Tips for more details visit our website www.capitalheight.com or call at 0731-4295650. 




No comments:

Post a Comment