Live Mcx Market Watch

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GOLD:

Trend updated for-Feb/28/2013.CMP-53800 Overall trend of the Silverm is bearish for medium-long term .Currently Silverm is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The Silverm is now trading in oversold level. The Silverm is now trading in oversold level. The oscillator is showing BUY signal For short term Silverm is in SELL position.Positionally Immediate support for Silverm is 52868.Resistance for the Silverm is 54698-55574-56785-57848-58915-59527-

SILVER:

Trend updated for-Feb/28/2013.CMP-29743 Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing SELL signal For short term Gold is in SELL position.Positionally Immediate support for Gold is 29146.Resistance for the Gold is 29948-30165-30311-30588-30788-31018-  

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