Manoj Kumar Jain (Analyst) suggested the following ranges for gold and silver on MCX:
Gold has support at Rs 99,900-99,475 and resistance at Rs 1,00,650-1,01,100
Silver has support at Rs 1,12,700-1,12,000 and resistance at Rs 1,14,000-1,14,650
Jain suggests buying gold around Rs 1,00,100 with a strict stop loss of Rs 99,660 for a target of Rs 1,00,750.
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