MCX Gold Updates
Prices looks exhausted after recent runs and have been trading in a range of (28840 – 28710) since morning to till this time. So when we look forward prices need to hold the region of 28630 to keep the bullish momentum towards 28870/29100 region or even higher. Else, break below the region of 28630 may see a corrective
dip possibly till 28550/28300.
Prices looks exhausted after recent runs and have been trading in a range of (28840 – 28710) since morning to till this time. So when we look forward prices need to hold the region of 28630 to keep the bullish momentum towards 28870/29100 region or even higher. Else, break below the region of 28630 may see a corrective
dip possibly till 28550/28300.
MCX Silver Updates
Prices have been challenging the crucial resistance of 58300. To hold initially for a corrective dip lower, but break of the same is favored later to the session and possibly took for an upside target of 59300/61400. Conversely a direct drop below 56500 could attract long liquidation pressure till 54600/51500 later.
