The Gold price shows drift on lower side is favoured towards 22318, but is doubtful to develop into major weakness unless below 22300-280 region convincingly. Consistency below 22280 would call for long liquidation pressure which may extend towards 22200/21950 later. The Gold Price Trend is lower and near term for Gold price is showing Upward Flow for Gold.
GOLD MCX (July)
R3 22912/23083
R2 22641/712/832
R1 22461/512/610
Pivot 22431
S1 22384/312
S2 22255/203/081
S3 22005/21922
