MCX GOLD price chart suggests that prices have now entered a trading range of 27131 and 28500 levels. The immediate candle of 4hrly chart suggest a short term bullish. We recommend buy in the range of 2780-27820 levels with a stoploss placed below 27580 levels.
Trading Call: Buy in the range of 27800-27820 levels with a stop loss placed above 27580 levels for targets of 28100 levels.
MCX SIILVER price chart suggests that prices have entered into a sideways consolidation range of 63000-65000 levels. Major directional breakout will be seen outside this range only.
Trading Call: Likely to trade in a consolidation range of 63000-65000 levels.
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