Tuesday, 9 September 2014

Commodity Market Outlook for Today

Gold prices are expected to have resistance at $1260 i.e. Rs.27300-27330 around in MCX and selling can be seen there. Prices on lower side can extend fall towards $1240 i.e. Rs.26850. Prices should not move above $1266 i.e. Rs.27500 to maintain negative outlook for the day.

Silver December prices are expected to have resistance at Rs.42000-42150 and selling can be seen there. Price on lower side can test Rs.41600 and 41400. Prices should not move above Rs.42400 to maintain negative outlook for the day.

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