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 29450 TGTS 29550/29650 SL 29330

2. SELL GOLD MCX BELOW 29050 TGTS 28950/ 28850 SL 29180

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 49550 TGTS 49850/50150 SL 49150

2 SELL SILVER MCX BELOW 48800TGTS 48500/48200 SL 49200

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