MCX Gold is trading at 28004 levels and gold prices are expected to trade in a range from 28100 to 27750 levels and one can buy gold around 27950 - 930 with stop loss below 27770 for the target 28100. oscillators suggesting a bounce back. The silver at intraday market is also trading in a uptrend at 58841 price levels.
MCX Silver prices are expected to test 59200 on higher end, if sustains below that prices can witness profit booking to the tune of 58700 - 58600. MCX Oscillators are indicating flat to positive move.
MCX Bullion Tips Gold silver:
MCX Gold (April) is advised to Buy in range of 27940 - 28110 for the target of 28100 and stop loss of 27770.