MCX GOLD TIPS TODAY 29 august :-
The Gold is in perfect uptrend .Currently Gold is in 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 highly overbought level. The Gold is now trading in highly overbought level. The oscillator is showing SELL signal For short term Gold is in SELL positionGOLD TREND TODAY :- Buy is advised only above 28187.2 with a stop at 27336.7 Below 27090.7 go for sell and put stop at 27940.2
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MCX SILVER TIPS 29 august:-
The Silver is in perfect uptrend .Currently Silver is moving sideways The oscillator is showing SELL signal .In last 5 days volatality is very less and fresh Buy can be considered in the Silver if it close above66315 or buy with strict stop at 58646. The oscillator is showing SELL signal For short term Silver is in HOLD LONG positionSILVER TREND TODAY 29 august:- Buy is advised only above 64838.9 with a stop at 62790.4 Below 62193.9 go for sell and put stop at 64239.9