22 February 2018

FREE MCX TRADING TIPS FOR 22-23 FEB 2018


Gold: Gold trading range for the day is 30650-30250. Gold is getting support at 30400 and below same could see a test of 30250 level, And resistance is now likely to be seen at 30500, a move above could see prices testing 30650. Gold is trading into negative zone and traders can hold short positions until Gold closes above 30650 levels. Traders can initiate short  positions on every rise until Gold closes above  30500  levels.
           
R2
R1
S1
S2
TREND
GOLD
30650
30500
30400
30250
Bearish
Silver: Silver trading range for the day is 38700-38000. Technically Silver is getting support at 38250 and below same could see a test of 38000 level, And resistance is now
likely to be seen at 38500, a move above could see prices testing 38700. Silver is trading into negative zone and traders can go short at every rise or hold short  positions until Silver closes above 38500  levels.
           
R2
R1
S1
S2
  TREND
SILVER
38700
38500
38250
38000
  Bearish

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