October 20, 2011

Live Gold MCX Tips

MCX live Gold price trend shows Gold prices are now trading in a narrow range of 25800 - 27000. Gold is currently in sell mode and the trend for gold is bearish the market is safe heaven for physical buying of gold but at Index it is currently in sell mode. MCX live prices for Gold have broken below the rising trend line support. We expect that on sustenance below 26200 levels, prices will see further declines to 26000

Live Gold MCX Tips Today 20 October

Sell below 26400 levels with a stop loss placed above 26650 levels for targets of 26100 / 26000 levels.
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