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Aug 25, 2011

MCX GOLD & SILVER TREND TODAY 25 AUGUST

MCX GOLD TREND TODAY  :-  

The Gold is in long- medium- short-medium- term bull phase .Currently Gold is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Gold is now trading in highly overbought level. The Gold is now trading in highly overbought level. The oscillator is showing SELL signal For short term Gold is in HOLD LONG position and Gold closed below 1 week low with volume signals down breakout

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MCX SILVER TREND TODAY 

The Silver is in long- medium- term bull phase .Currently Silver is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term The current position is BUY

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