Saturday, October 08, 2011

Gold MCX Trend, Silver MCX trend

Tag
Weekly
Gold Trend
COMEX Gold is in a technically weak on charts for short term. Last week COMEX Gold was trading in a range from 1600$ to 1660$. In the coming week 1530$ will act as a major support in COMEX Gold and 1840$ will act as a major resistance.

MCX Silver Trend
COMEX Silver is in a slightly downward in trend. Last week COMEX Silver was trading in a range for
the whole week. For the upcoming week 2600 $ and 2400$ are the crucial supports and 3800$ and 4100$ are crucial resistance in COMEX Silver. In MCX Silver, 62000 and 65000 will act as major resistance and 45000 and 42000 will act as major supports.

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at 10/08/2011 04:25:00 PM

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