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GOLD:
Trend updated for-Feb/14/2013.CMP-30554 Overall trend of
the Gold is bearish for medium-long term .Currently Gold is in strong uptrend
with good momentum but volume is unsatisfactory The open interest is not
increasing with trend . Cautious point is buying at higher levels seems
decreasing. 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 The current position is BUY .Positionally Support for the Gold is
30402-30305-Resistance for the Gold is 30703-30820-31110-31159-
SILVER:
Trend updated for-Feb/14/2013.CMP-57442 Overall trend of
the Silver is bearish for medium-long term .Currently Silver is in strong
downtrend with good momentum and the trend is supported with good volume The
open interest is not increasing with trend .. The oscillator is showing SELL
signal For short term Silver is in SELL position.Positionally Immediate support
for Silver is 56982.Resistance for the Silver is
58305-58352-58795-58856-60016-60020-
Mcx Tips Today:
SELL GOLD APR BELOW 30553 TG1-30530 TG2-30500
TG3-30460 STOPLOSS-30627
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