GOLD
UPDATES, MCX Bullion Tips, Live MCX Trading Strategies, MCX Commodity Tips Today 10 April & NSE BSE Tips For Tomorrow 11 April:- Gold
futures prices have edged higher at the early trade of Globex. Oil
dropped to a seven-week low as an employment report raised concern
that U.S. fuel demand will slow and Iran agreed to resume talks
on its nuclear program.
GOLD UPDATES :Gold
climbed for a fourth day, the longest rally in more than a month, after positive cues coming from U.S. Spot gold rose as much as 0.9 percent to $1,654.90 an ounce. June-delivery gold roseas much as 0.7 percent to $1,655.90 an ounce on the Comex.
Gold
therefore may feel pressure in evening before which ECB’s record
financing to Portuguese banks could very well support the Euro and
gold prices to a higher side. Hence, we recommend
remaining short
for the metal at higher prices.
SILVER
Trend Today:- Silver futures prices have given a sharp rebound at
Globex. e, liquidity injection could boost the
equities market which
would rather support the metal but a likely stronger dollar index may
weigh on to silver prices
in evening.
Gold
& Silver Support Resistance Levels Today:
MCX
Gold (Apr) :Res3-28153 Res3-28190 Res3-28255 Closing-28329 Sup1-28388
Sup2-28442 Sup3-28486
MCX
Silver (May) :Res3-55150 Res3-55359 Res3-55618 Closing-55902
Sup1-56251 Sup2-56562 Sup3-56739
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