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MCX gold, silver tips

Discussion in 'Technical Analysis' started by dipali, Jan 29, 2013.

  1. dipali

    dipali New Member

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    On the MCX silver is showing positive flag but day by day it’s losing position. Today silver open at 57795 and touch an intraday high of 58006. Currently silver is in good position and its chances to go high more in future.
    Buy silver (5Mar) above 57950 tgt 58000, 58050, 58100, 58200………..sl 57600
    Gold market is looking dull today, government continuously trying to increases import duty on gold and its demand affected due to this. On the FOREX India currency giving a tough competition of US dollar that will changes gold position on Asian Market.
    Buy gold ( 5 Feb) above 30370 tgt 30400, 30430,3050……sl 30200
     
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