June 25, 2012

MCX Bullion Tips Trend 25 June


MCX Gold prices showed new high and rallied with a strong mark and broke out in a consolidation phase near 29000 levels. We have always maintained our bullish view on the metal & we could see more upside in the short term. MCX Gold prices now holds strong supports at long-term 29290 and 28765 and last at 28470. MCX Gold trend is expected to come and is advised to buy gold for today.  The gold is going to come in a range of 30000 levels up.


MCX Gold Tips for Today 25 June:

MCX Gold (Buy) near 29800 - 29830 for T1 - 30000 T2 - 30200 and stop loss of 29740. 
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