Readers 9.9out of 10.0 based on 37045 user ratings
Showing posts with label Commodity Gold Tips. Show all posts
Showing posts with label Commodity Gold Tips. Show all posts

We expect prices to resume the prevailing weakness towards  27500/27370 or even lower by holding the upside cap of 27780  region. But successful trades above 27800 region would hamper our bearish expectation and such moves could stretch to 27880/960  then top 28050. 

In Silver MCX early trades likely to cap 53500. If subsequent falls succeeds below  52500 expect steep falls towards 51900/51000 or even more. On the mean time, rallies above 54000 could attract short covering  rallies till 55750/56200 that we less expected the day

After taking support near 25650 prices traded firmly early session.  Going forward, we expect prices may face stiff resistance of 26050-100 region and likely to result a drop towards 25800/25650.  Anyhow, an unexpected dive below 25550-500 may give solid  indication for sellers to enter the counter towards the target of 25000. Major rallies favored only above 26200 towards 26550.