Good Morning dear readers, today we will discuss about the commodity tips and analyse the commodity market. Here are certain commodity tips today with their trend and analysis.
MCX SILVER TREND | TIPS TODAY
Overall trend of the Silver is bearish for medium-long term.Currently Silver is showing some down move 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 SHORT position
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Buy is advised above 52904.2 with a stop at 51882.2 Below 51612 go for sell
MCX GOLD TREND | TIPS TODAY
The Gold is in long- term bull phase .Currently Gold is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing SELL signal For short term Gold is in HOLD LONGposition and closed below 3 week low with volume signals down breakout
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Buy is advised above 22286.5 with a stop at 22076.3 Below 22035.9 go for sell
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