INDORE, India -- GOLD MCX HOURLY CHART & LEVELS

TRADING STRATEGY:

The Gold is in long- medium- term bull phase .Currently Gold is showing some down move and trend is strong momentum is also showing strength and supported with

good volume The open interest is not increasing with trend .. The Gold is now trading in overbought level. The oscillator is showing SELL signal For short term Gold is in

SELL position and closed below 3 week low with volume signals down breakout.

1. BUY GOLD MCX ABOVE 29200 TGTS 29300/29400 SL 29080.

2. SELL GOLD MCX BELOW 28880 TGTS 28780/ 28680 SL 29000.

SILVER MCX HOURLY CHART 7 LEVELS

TRADING STRATEGY:

The Silver is in long- medium- term bull phase .Currently Silver is showing some down move and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend. The Silver is now trading in overbought level. The oscillator is showing SELL signal For short term Silver is in SELL position and Silver closed below 1 week low with volume signals down breakout.

1 BUY SILVER MCX ABOVE 48150 TGTS 48450/48750 SL 47850

2 SELL SILVER MCX BELOW 47750 TGTS 47450/47150 SL 48150

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