Indian Commodity Market News: Bullion major Gold is expected to remain consolidate to bearish trend today on MCX (Multi Commodity Exchange) India Limited. The Trio combination of currency correction, Iraq crisis and dovish fed impacted the gold prices heavily today. Silver will also move down in today's trade. Base metals are expected to remain range bound today.
MCX Bullion Trading Tips Strategies for Today
- Silver all set to go down today. Sell Below 44270 for the intraday target of 44150-44,000 with keeping stop loss at 44400.
- Sell Gold Below 27637 for the Intraday Target of 27542-27495. Keep Stop Loss at 27710.