MCX Gold as seen in the weekly chart above has found very good support in the expected range and moved sharply, but could not cross the resistance levels at 28074 levels. MCX gold prices is expected to find support at 27680-27580 levels and further below strong support is observed at 27045-27000 levels. Trading consistently below 27000 would give correction initially towards 26735 then 26334 and then finally towards 25900 levels.Resistance is now observed at 28275-28300 levels and further above strong resistance is seen at 28445-28545.
MCX Gold Tips Live for Today
Buy MCX Gold December Between 27650-27600, SL-26280, Target -28340/28520.
