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

More will update to our subscribers

 

By marafat