Tuesday, October 11, 2011

Commodity Tips for Today: Gold Silver Updates

If silver commodity manages to trade above 53200, we can see more upside in it. Below 52300 mcx silver may slip down to 51500 in near term. Currently prices are hovering around 52500 and the trend is seems to be consolidated till now. Day traders can go for buy on current levels for the targets of 53000. Fresh buying may take place above 53200. Below 52300 go for intraday short.

In Gold Commodity Go for Buy on Dips strategy with a strict stoploss.


Posted By Commodity MCX Tips