The trend of mcx gold on Multi Commodity Exchange of India is still on sideways to bullish mode. Still the experts are expecting the volatility in the MCX NCDEX commodity market. On 3rd May 2013 Evening the Data of US market is in pipeline. MCX bullion segment may get affected from the US data to be released in today's evening session. In the current volatile market one may trade with Risk. But in case you want to be on safe side for today. Trade & follow the experts recommendations, tips & technical support & resistance level.
MCX Bullion Gold Silver Support & Resistance Level for Today
- MCX Gold has the strong support in between 26850-26500 followed by the Resistance for the precious metal at 27200 & next to 27450.
- Traders are suggested to buy above 27150 for the target of 27400. Follow the sell on rise strategy for the day.
- Buy MCX Silver at 44400 with strict Stop loss of 44100. Target 44800-45100-45500. Follow the same strategy for silver trading today. Sell on Rise.
