MCX GOLD TIPS /MCX SILVER TIPS 8 sep today

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MCX GOLD

The Gold is in long- medium- short-medium- term bull phase .Currently Gold is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal For short term Gold is in HOLD LONG position

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MCX SILVER

The Silver is in perfect uptrend .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 Silver is in HOLD LONG position