Comex gold silver levels are same so read yesterday’s forecast hereĀ http://mohdarafat.com/daily-forecast-gold-silver/
Gold mcx levels
Mcx gold future tried to take off with silver yesterday but it could not as comex were not supporting and it remained in its same range at 24700-800 , now mcx price trading at 24750 , if gold click our support of 24570 and sustain below our technical support today then expect gold to correct upto 24430 – 24300
If mcx gold price click our resistance at 24920 and sustain above our trading resistance then expect gold to fire upto 25050 – 25200 today
Gold mcx levels conclusion : No major trend in gold , so just follow levels
Silver mcx levels
Mcx silver futrue fired yesterday with ease after our buy call it closed above 33700 which is good considering its lower range in past several days , now its trading at 33630 , silver support remain same at 33250 if market break this support and sustain below our range then expect 33000 – 32700 in silver
If silver price click our resistance at 33920 and manage to sustain above our silver resistance then expect a good rise in silver prices upto 34200 – 34550
Silver mcx levels conclusion : Silver trend looking better and positive than gold
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