February 13, 2012

MCX Gold Tips Intraday Trend

MCX Gold (Apr) prices are trading in the range of 27800 - 28600 levels. MCX Gold is in a buy mode and prices are above short term averages as gold is trading in a downtrend for now but prices are expected to gain more. For mcx gold it is recommended to buy above 28600 levels with a stop loss placed below 28200 levels for a target of 29200 levels.
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