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100% Profitable MCX Tips Free Trial‎ in Gold, Silver and Crude Oil - Free MCX Trading Tips

Mcx Tips   October 26, 2017

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Gold and silver move in the domestic market is also showing sluggish. With slight edge on MCX gold is trading at Rs 29 568, while silver is flat with a turnover of Rs 52,500. In the international market is going to see selling pressure in gold and silver. Now technically market is trading in the range as RSI for 18days is currently indicating 69.67, where as 50DMA is at 22484.1 and gold is trading above the same and getting support at 23117 and below could see a test of 23007 level, and resistance is now likely to be seen at 23314, a move above could see prices testing 23401.

Silver rose amidst worries of a debt contagion in Europe and uncertainty over how lawmakers plan to resolve deficit negotiations in the U.S. silver opened the week an intraday low of 58700. Silver gained yet another session alongside gold and hit an intraday high of 60523 as investors created demand through safe haven buying. Silver ended the day at a close of 59873. The gold silver ratio dropped to 39.84. We support at the may pull back low of 39.21.

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