Gold Trading Levels
For the next week traders can use sell on higher level strategy if COMEX Gold sustains below 1600 $ an ounce, then
below 1585 it can test the level of 1560/1540 an ounce. And in MCX Gold below 25400 it can test the level of
25100/24900/24600. Trade by keeping the strict stop losses.
Major support for COMEX Gold in the coming week is 1530 and 1470.
Major resistance for COMEX Gold in the coming week is 1840 and 1880
Major support in MCX Gold is 24900 and 24500
Major resistance in MCX Gold is 28300 and 28800
For the next week traders can use sell on higher level strategy if COMEX Gold sustains below 1600 $ an ounce, then
below 1585 it can test the level of 1560/1540 an ounce. And in MCX Gold below 25400 it can test the level of
25100/24900/24600. Trade by keeping the strict stop losses.
Major support for COMEX Gold in the coming week is 1530 and 1470.
Major resistance for COMEX Gold in the coming week is 1840 and 1880
Major support in MCX Gold is 24900 and 24500
Major resistance in MCX Gold is 28300 and 28800
Silver Trading Levels
Technically COMEX Silver is weak on charts. For the next week traders can use sell on higher level strategy if Silver
sustains below the level of 3000$ an ounce, then below 2900$ COMEX Silver can test the level of 2840/2760 an
ounce. And in MCX Silver sustains below 50000 then it can test the level of 48000/46000/44000, Trade by keeping the
proper stop losses.
sustains below the level of 3000$ an ounce, then below 2900$ COMEX Silver can test the level of 2840/2760 an
ounce. And in MCX Silver sustains below 50000 then it can test the level of 48000/46000/44000, Trade by keeping the
proper stop losses.
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