Despite a decline seen in Comex Gold Silver prices, precious metals started the trade with positive note in Indian commodity market. However the yellow metal started flat and currently trading near 29685 level while silver is moving relatively faster. MCX Silver is trading near 52120 level up 0.25%.
The trend is still seeking for direction and traders are waiting for some trigger price to confirm the trend.
Technically, Gold may surge above 29750 level and silver can take a leap above 52350 level.
MCX Silver Tips for Today-
Buy above 29750 for the targets of 29850-29900-39300 and put a
stop-loss of 29600
MCX Gold Tips- Buy above 52350, TG- 52500-52750-53000, SL- 52050
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