October 23, 2011

Gold Tips Weekly

MCX Gold December as seen in the weekly chart above has initially fell sharply lower, but  recovered sharply from the weeks low. In the current week gold trend is neutral and MCX live prices for Gold is showing support at 26460 levels and the resistance for the Gold is at 27105 levels. 

Gold Tips Levels of Support and resistance for 24 October to 28 October
S1- 26460 S2-25987
R1-27105 R2-27478

Gold Tips of the day is to watch gold now as the trend is neutral.
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