June 15, 2012

Gold Trading for today 15 June

MCX gold prices are still not making any firm move above 30100-120 region and such failed challenge  may crawl down prices towards 29940 / 29830 or even lower towards 29700. But voluminous break above 30100 - 120 region could be an early indication for a major rally towards 30300 / 30500. Gold has again started trading in uptrend and now noticed with very high gains.

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