MCX Silver Tips – Sell Karo Aur So Jaao Next TARget – 35510—34734 – Neal Bhai Reports

MCX Silver Tips – Sell Karo Aur So Jaao Next TARget – 35510—34734 – Neal Bhai Reports

December gold futures were last down $5.60 an ounce at $1,222.40. December Comex silver was last down $0.257 at $14.245 an ounce. silver prices are sharply lower in early U.S. trading Friday, pressured by a firmer U.S. dollar index on and sharply lower crude oil prices.

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MCX Gold Sell Karo aur So Jaao NeXt TarGet – 29980—29530

MCX Gold Sell Karo aur So Jaao NeXt TarGet – 29980—29530 Black Friday For Gold? Today is Black Friday for Gold retail, the biggest shopping day of the year, but nobody seems to be shopping for gold. More than likely, this is just another buying opportunity for gold, with the …

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MCX Gold CMP 30900 MCX Silve CMP 36640 Sell 100—500 Lots and So Jaao – MCX King Neal Bhai

Technical Analysis
Gold prices tumbled down to support level which is seen as an upward sloping trend line that comes in near 1,198. A break of trend line support, or a close below this level would lead to a test of the September lows at 1,180. Prices pushed through support near the 50-day moving average at 1,209, which is now seen as short-term resistance. Additional resistance is seen near the 20-day moving average at 1,224. Momentum is negative as the MACD (moving average convergence divergence) histogram is printing in the red with a declining trajectory which points to lower prices. The fast stochastic has tumbled moving lower which reflects accelerating negative momentum. The current reading on the fast stochastic is 9, which is below the oversold trigger level of 20 and could foreshadow a correction.