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Tuesday, 16 April 2013

MCX NewsLetter For Today 16-April

MCX Newsletter 16-April "Gold Highlighted"

GOLD

Gold is on shocking movements this week and it seems to down more. Just view our latest and technically analysed view on Gold-

Trend : - BEARISH

Resistance : - 26460, 26700

Support : - 25270 (NEW)

Strategy : - SELL ON HIGH



JUSTIFICATION: 

Gold Falling!!!!!

Gold may show more downward movement.

Overall Trend: Bearish.


SILVER

Trend : - BEARISH

Resistance : - 44550, 45110


Support : - 42750 (NEW)

Strategy : - SELL ON HIGH 



JUSTIFICATION:

Silver Falling!!!!!

Silver may show more downward movement. 

Overall Trend: Bearish


Pivot Levels - 

  • Gold = 26178

  • SILVER =  45423


Get the complete details and for most accurate calls visit our website

http://www.theequicom.com  or call us at 09200009266

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