December 31, 2011

MCX Gold Tips Hold Short

Gold rose the most this month, capping an 11th straight annual advance, on speculation that demand will climb from jewelers and investors. At mcx gold is still trading with a bearish trend and heading in red with a loss of 111 Rs at mcx market. For today the gold is hold short position and is advised to buy gold only when 27488 levels is breached.

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