Manoj Kumar Jain suggested the following ranges for gold and silver on MCX:
Gold has support at Rs 1,11,800-1,11,180 and resistance at Rs 1,12,800-1,13,300
Silver has support at Rs 1,32,300-1,31,000 and resistance at Rs 1,34,500-1,36,000
Jain suggests buying gold around Rs 1,11,800 with a stop loss of Rs 1,11,180 for a target of Rs 1,13,000 and also suggests buying silver around Rs 1,32,500 with a stop loss of Rs 1,31,200 for a target of Rs 1,35,000.