Intraday Trend for mcx gold (Feb) suggest that prices are trading near crucial resistance of 28600. Gold is currently in negative sentiments as gold prices are expected to correct. The Gold is currently in sell mode. MCX Silver contract prices are trading in the range of 56000 to 57500 and silver is in a buy mode. We expect prices to go up to levels of 57500. At intraday levels silver is trading in negative sentiments for today but is expected to gain prices.
MCX Intraday Tips for Today for Gold silver for 02 February
MCX Silver (Mar) is advised to buy around 56500 levels with a stop loss placed below 56000 levels for targets of 57500 levels.