MCX Gold and silver both the bullion metals have come in the uptrend and is trading with positive cues. The Gold is up by 0.08% and silver is up by 0.42% levels. At MCX more gains are expected in bullion's. The mcx gold Prices hit their crucial support 27,500, for the first time since Dec 5, 2010 and then the gold prices recovered sharply, from a dip below the given level, indicating that the primary trend still remains bullish and any dip towards the given level is a buying opportunity.
MCX Gold Silver Tips for 20 March:
Trend : Sideways
MCX Gold (April) is advised to buy around 27800 with a target of 27870 / 27950 and stop loss 27770.