Gold Silver Updates: MCX Bullion Tips

Gold (FEB): Trend - Consolidate
Resistance2 - 28010, Resistance1 - 27810, Support1 - 27450, Support2 - 27280
Strategy - Sell on higher Levels.

Silver (MARCH): Trend - Consolidate
Resistance2 - 54800, Resistance1 - 53900, Support1 - 51400, Support2 - 50300
Strategy - Sell on higher Levels.

Crude Oil Updates

Today, Crude Oil prices are expected to trade higher taking cues from supply disruptions in Syria and Iran’s naval exercises in a key shipping lane. Additionally, a weaker dollar will also provide further support. as Crude prices are looking positive, traders are advised to buy Crude Oil around 5261 with a stop loss below 5211 for the target of 5321 - 5336.
Crude Oil (Jan): Support 5201 - 5261, Resistance 5301 - 5366.