January 09, 2012

MCX Gold Tips and Live Trading Calls For Today

MCX Gold has moved sharply higher at the mcx live index and breached the initial resistance at 27660 levels, but finally found resistance at 27945 levels. For the next week gold prices are expected to find resistance at 28050-28080 levels and further above strong resistance is seen at 28250-28330 levels. The Gold is now in a sell trend.

MCX Gold (Feb) Sell Between 27860-27900, SL-28201, Target -27410/27200.

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