February 27, 2012

MCX Gold Buy for Today

MCX Gold (April) contract prices have witnessed support at 28600 levels. The gold prices are expected to test 28920 - 29000 on higher end. The oscillator is showing the up ward trend and is advised to buy. The gold is expected to find support near 28480 / 28600 levels. The resistance for gold is 28800 / 28950 levels. The mcx gold petal April contract was trading at Rs 28940.00 up Rs 3.00, or 0.10%. It touched an intraday high of Rs 29000.00 and an intraday low of Rs 28900.00.

MCX Gold Tips 27 February

Buy 28680 - 28740 for target of 28780 / 28830 and put stop loss of 28430.
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