MCX Silver Technical Report : Technically Silver market is under short covering as market has witnessed drop in open interest by 1.21% to settled at 61909 while prices up 841 rupees.
Silver Price
Gold Silver Blast : Watch Power of Chart – Neal Bhai Reports
MCX Gold prices rose Rs 434 to 51,818 per 10 gram in the Mumbai market tracking weakness in the dollar.
MCX Gold Tips Today :
GOLD JUMPS FROM SUPPORT – BUT ARE BULLS READY TO DRIVE THE TREND?
Gold Support : When a market like Gold puts in a move like it did earlier this summer – people have a tendency to remember. And not just remember, there may also be a general tendency to expect that to continue in a similar manner as it had in the past. It’s unfortunate for market participants but that’s simply not the case: Things change, sometimes very quickly, and this can lead many to chasing their tails by trying to trade yesterday’s trends.
Bullion Swings Between Loss and Profit, Silver Price Gains also
Bullion Swings Between Loss and Profit, Silver Price Gains also, Gold price rally fizzled after Comex futures climbed back above $2,000 an ounce, with the dollar erasing losses and a U.S. report adding to signs of a recovery in global manufacturing.
Silver MCX Bole Boom Boom, Watch High 75751, Rona Mana Hai Trade With Neal Bhai
Silver MCX Bole Boom Boom, Watch High 75751, Rona Mana Hai Trade With Neal Bhai, — Rising cases of COVID-19 across the world especially in the US has lead analysts to believe that another round of stimulus could be in the offing. The world’s largest economy has already announced a $3 trillion stimulus package, but the Democrats have asked for an addition $400 billion in fiscal measures. The two sides have been negotiating for a week now.