August 23, 2011

MCX Online News 23 Aug | MCX Tips for 23 Aug

Gold prices are trading positively since the past six months in the MCX market and the trend line is supported by higher tops and bottoms at the market. The gold price at MCX has shown strong resistance of Rs 26,701 and a sharp rally made a new time high of Rs 27,963. The current gold  price at MCX is headed towards the strong resistance of Rs 29,032. 
MCX Today For Gold
MCX Gold: It is advised to go long targeting Rs.29,034, with the stop loss closing below Rs.26,852 level. 
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