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Tuesday, January 31, 2012

Gold Silver Trend: MCX Bullion Outlook

Gold
Today, Gold prices are witnessed with a gap up opening, the prices are expected to test 28245 - 28295, traders are advised to buy Gold on dips around 28095 - 28065. 
Gold (Feb): Support- 27695 - 27995
Resistance: 28145 - 28345.

Silver
Today, Silver prices are expected to test 57495 – 57995 on higher end, traders are advised to enter with a long position around 56795 – 56895.
Silver (Mar): Support- 54800 - 56500
Resistance: 57490 - 58695.

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