February 07, 2012

MCX Gold Tips Trend Latest

MCX Gold (Apr) contract is trading in a overall consolidate trend though the gold prices shown some gain in the prices in today's opening at mcx live market but the volume in gold is lower. The mcx gold is advised to Sell on higher levels. But the intraday trend is of buying in gold. The gold is bullish for now. MCX gold will find support at 27520 and resistance at 28450 levels.

MCX Gold Intraday Trend 

The overall intraday trend for gold is hold short position and the gold is advised to buy only above 28230 levels. The overall trend for gold is of Selling. The mcx chart for gold is showing sell signal for upcoming session.

MCX Gold Tips for Today:

Buy MCX Gold (Apr) above 28250 levels for the target of 28300 levels with a stop loss at 27660 levels.
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