MCX Gold Tips
Prices have been consolidating with less directive moves. Even in this
baffling state, weakness could restore only below 29160 region, else
hold the same for short covering rally towards 29350/29420 or even
higher towards  29570. But unexpected plunge below 29160 region may
ignite fresh selling towards 29030/28880.

MCX Silver Tips
Even as the broad negative trend is intact, intraday moves likely to
be restricted near 52200-52000 region and push prices higher. A direct
rise above 54500 with volume would require negating our bearish
expectation and push prices higher.....

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