The day's bias should stay largely range bound with mild positive bias. 27700-27560 would be the range we expect initially. Unexpected rise above 27700 could register fresh upside moves towards 27750/27930, mean while on downside it would be 27500.

The uptrend seen so far during the day may not continue unless consistently trade above 53500, else we would see a choppy session  with in the range of 53500-53750 levels.

MCX has been on decline in Gold and Silver. A slight decline of near 0.50% is seen in Gold commodity. Silver is trading more than 1.5% behind its previous close. International gold and silver are also trading in negative zone. For Intra-day the the momentum is slightly negatively biased.
Commodity Gold Silver trading Tips-

Buy Gold near 26650-26750 TG- 26850-26900-27100 also keep a strict Stoploss below 26450

Buy MCX Silver above 53560 TG- 53900-54200.

Counter witnessed some sort of buying pressure in the early trading  sessions. For the day we expect this buying momentum may stretch  out till 27000-27050 region for a slid listlessly towards 26820 then  against 26650. Anyhow intraday weakness is expecting only below  26600 towards 26440/26300. Conversely any trades above 27050 would give a confirmation for further upside point to 27180/27360/27550.

A strong recovery from 50200 suggests the recent price action is  merely a consolidation of a triangle pattern. Intraday we favor a neutral to positive bias as long as 51300 hold the downside. On the higher side, rise above 52900 could rejuvenate buying interest and take prices higher towards 54400/55900 levels. It would be required to break 50100 to negate the view and take prices lower.

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The present trading set up looks to be bullish towards  54500/56000 or even more, but early attempts to evolve into a rally  targeting the same are expected to face stiff resistance at 53000, which if unsuccessful would diffuse the buying momentum and the  trend looks for a dip lower towards 50700 then towards 49800 levels for the day. However major falls are anticipated only a close below the strong support of 49000. 

Gold Commodity :As long as prices hold 26000, counter may mount buying pressure  towards 26400/500, which is likely to hold initially but expect to  extent the rally till 26700 later. On the other side, if prices make  consistent trades below 26000 region would lure weakness towards  25900/25830 then to 25570.

Silver Commodity- Prices pulled backed sharply after taking support at the lower end of the rising trend line support i.e. 51100. Day’s bias prices expect to drift higher towards 54800/56700, but further rallies would be  seen only a close above 57000. A direct fall below 50800 would delay the upside and calling for a re look into the possibilities of origination of a bear trend.
 

Commodity Gold Tips for The week
For the next week traders can use buy on lower level strategy if COMEX Gold sustains above 1800 $ an ounce, then above 1890$ it can test the level of 1912/1940$ an ounce and above 1950$ it can further move upward. And in MCX
Gold above 28400 it can test the level of 28600/28750/28900 and Below 27550 in MCX it can test the level of 27350/27060/26900. Trade by keeping the strict stop losses.

Major support for COMEX Gold in the coming week is 1750$ and 1680$.
Major resistance for COMEX Gold in the coming week is 1950$ and 1995$
Major support in MCX Gold is 26500 and 25200
Major resistance in MCX Gold is 28700 and 29000