October 02, 2011

MCX Gold Live Prices Weekly

MCX gold Live prices Weekly (03 October to 08 October):- MCX Gold prices of December this week opened at Rs 26,300 levels. MCX Gold prices is falling sharply from  some trading session but found strong support of Rs 25,360/10 grams and after that the gold prices gained a uptrend back again on account of short covering and reached at high of Rs 26,969 /10 grams and finally closed at Rs 26,313/10 grams with a loss of Rs 738/10 gram as compared with previous week’s close of Rs 27,051/10 grams. 

MCX Live Gold Support and Resistance weekly from 03 October to 08 October
Trend: Sideways 
S1- 25362 R1-26972 
S2-24703 R2-27505  

MCX Live Gold Tips
Buy MCX Gold December between 25410-25508, SL-24708  Target -26972 / 27507.
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