MCX Gold (Feb) contract is trading at a consolidate trend and resistance is seen at 28830 levels and then rallied sharply. It is expected that gold prices will find resistance at 29420-29460 levels. MCX Gold (Feb) consistently above 29470 would continue the rally initially towards 29730 levels and then finally towards 30090 levels. Support is now observed at 28830-28730. The mcx live gold for today is recommended to sell.
MCX Gold Tips Trend
MCX Gold (Feb) is advised to Sell below 29120, SL-29375, Target -28830/28730.
