Gold Updates MCX Bullion Tips today

MCX Commodity Market Outlook|Gold Updates|Silver Trend|Bullion Tips Support Resistance Levels for Today 23 March :- Yesterday spot gold prices declined around 0.4 percent on the back of a stronger dollar yet it traded on choppy sentiments in the global markets. Gold futures prices gave a nice pull back at the late hours of yesterday’s session and it is still reviving at the early Globex session. Today the Euro has changed a little and dollar index is likely to be volatile. Yesterday, MCX Gold April contract rose around 0.2 percent on account of a weaker Rupee and hit an intra-day high of Rs27,937/10 gms yesterday. We could expect the early gains in gold prices may be eroded in the evening and hence we recommend to remain short at higher prices.

GOLD MCX (Apr) : Sup3-27761 Sup2-27787 Sup1-27846 Closing-27913 Res1-27955 Res2-27993 Res3-28032

SILVER MCX (May) : Sup3-55349 Sup2-55609 Sup1-55939 Closing-56302 Res1-56735 Res2-57123 Res3-57348

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Gold Updates|MCX Bullion Outlook Today 19 March

MCX Gold Updates|Silver Trading Trend|MCX Commodity Tips|Commodity Market Outlook For Today 19 March:- Today MCX Commodity markets started trade on a negative note. It rose 0.34% on Saturday. MCx Commodity Exchange, comdex started trade today lower by 1.21 points after opening at 3950.03.

Gold Updates -Support Resistance Levels Trading Tips & Strategies : MCX Gold touched its crucial support level since December 5, 2010. Yet the price of Gold recovered sharply from the given level hence indicating a bullish trend in coming few days.

MCX Gold (Apr) : Res3 -27921 Res2-27903 Res1-27885 Pivot-27870 Sup1-27855 Sup2-27838 Sup3-27819

MCX Gold (Apr) : Buy Above-27900 Target1-27980 Target2-28050 Stop Loss-27845

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