Market Update

Market Watch

Saturday, 9 March 2013

Gold Silver Trends Today

Money CapitalHeight Research Pvt Ltd is a leading Stock Advisory Company, having a strong hold in providing most authentic and accurate Mcx Tips as well as Commodity Tips. 

Trend updated for-Mar/09/2013.CMP-29335 Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The Gold is now trading in overbought level. The Crudeoil is now trading in oversold level. The oscillator is showing SELL signal For short term Gold is in HOLD SHORT position.Positionally Immediate support for Gold is 28995.Resistance for the Gold is 29749-29761-30075-30373-30615-30901-

Trend updated for-Mar/09/2013.CMP-54854 Overall trend of the Silver is bearish for medium-long term .Currently Silver is showing some up move after small correction and trend is strong 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.Positionally Support for the Silver is 54004-53852-.Resistance for the Silver is 55433-57196-57971-59033-

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