September 19, 2011

MCX Gold Trend for Today 20 Sept

MCX Gold prices have flipped back very sharply made a low of 27130 levels. The daily MACD is in sell mode. However, gold prices have resumed into a bullish trend. Immediate resistance is placed at 28500-28700 levels. It is expected from gold that a sustained move above 28700 levels will see fresh bullish momentum rally to 29200-29300 levels.

 MCX Gold and Silver MCX calls will be updates soon for 20 Sept.  Till Then ....

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