MCX Gold Silver Updates- Trading Tips for Today

MCX Gold June Contract
The up trend seen today in Gold may not be consistent if prices unable to remain above 22250-22300 regions. Gold might see some downfall after touching 22300-350 levels initially. Direct rallies could be seen if Gold close above 21400.

For Intra-day One can buy Gold June futures above 22250 for the targets of 22300-350 SL-22180
or below 22170 one can sell Gold for the targets of 22100-22050.

MCX Silver July Contract
In Silver Prices are still range bound in 54500-51500 regions for last few days. A breakout in either side can decide the a fresh move towards lower or upper side.

For Intraday Buy Silver above 53000-53050 for the targets of 53100-53250-53400 SL-52720


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