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Saturday, August 6, 2011

Commodity Market News|Gold Silver Trend Today 6 August

MCX Commodity Tips Intraday Levels & Updates For Today 6 August:
 After gaining a record high in the last week, Gold again fell and lost rs 50 to Rs 24,280 per ten grams at Delhi's bullion market on thursday. But due to firm global cues silver rallied Rs 1,600, to Rs 61,700 per kilo, on fresh buying.

Gold Trend Today with Technical Intraday Levels
Gold CMP-24156.
Trend- Bullish
This strong uptrend trend is supported with good volume. The open interest is not increasing with trend . For short term the current position of Gold is Buy.

Gold-Support & Resistance Levels
Support1- 23330
Support2-23219
Support3-23018
Support4-22603
Support5-22466
Support6-22310
Immediate Resistance-24473

Gold Intraday Trend & Tips
Buy Above- 24475.7 with Stop Loss- 23972.6
Sell Below- 23837.4 with Stop Loss- 24340 

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