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Monday, April 6, 2015

MCX GOLD - SILVER - Short Term Trading Levels update - 06 Apr 2015

GOLD (Jun Exp)

Best Buy & support @ 26744, Actual Resistance & best short level @ 27426. A break above 28108 upside target capped @ 29634 - 30316, However, a crack below 26062 downside capped @ 24536 - 23855

Now @ 26900

As gold has filled 26080 previous week - one can assume "26062" Pivot target has been filled & now we shall take support @ 26745 and move towards target 27426

SILVER (May Exp)

Best Buy & Support @ 37082, Actual Res & best short level @ 38670. A break above 40258 upside target capped @ 43815 - 45404, However, a crack below 35495 downside target capped @ 31938 - 30350

Now @ 38107
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