Mcx Tips Gold Silver Trend for Today
GOLD:
Trend
updated for-Apr/25/2013.CMP-26388 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 SELL signal .In last 5 days volatality is very less Buy the Gold
above 26648 or buy with strict stop at 25591. 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
Support for the Gold is 26042-.Resistance for the Gold is
27259-28159-28931-29410-29788-
SILVER:
Trend
updated for-Apr/25/2013.CMP-42892 Overall trend of the Silver is bearish for
medium-long term .Currently Silver is in strong downtrend but volume is
unsatisfactory The open interest is not increasing with trend . Noting point is
selling at lower levels seems decreasing. The Silver is now trading in highly
oversold level. The Silver is now trading in highly oversold level. The
oscillator is showing SELL signal For short term Silver is in SELL
position.Positionally Immediate support for Silver is 42169.Resistance for the
Silver is 44188-46610-48998-51786-53601-54918-
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