February 08, 2012

MCX Gold Trend Recommendations for Today

MCX Gold April contract is trading in a consolidate trend. In today's intraday session mcx gold is trading with a uptrend at 28362 levels with a gain of 426 price levels that is gain of more then 1% with a positive bias. The gold support will be seen at 27840 and resistance for gold will be seen at 28850 levels. For gold oscillator is showing sell signal and selling at higher levels would be preferably correct for upcoming sessions.
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