MCX Gold Silver Intraday Calls- Bullion Report

Gold August is looking bearish below 22400 but 22650-750 are crucial reions trading above which supports a Good upside trend for gold. If Gold unable to clear above 750 levels, more chances are there to face a sell off towards 22400 levels below which it could face more downfall.

For Intraday I would suggest to make buy position above 22675 For the targets of 22725-2775-22800 keeping an stop-loss below 22500

While in MCX Silver July Futures one can go for Intraday sell below 55500 for the Targets of 56200-55900 keep a stop-loss above 56900

else above 57000 go for Buy for the targets of 57300-57600-57900


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