MCX Free Tips GOLD Silver for Today:
The MCX Gold (Oct) contract is in a bullish trend and the gold is supported with good volume The open interest is not increasing with trend. In mcx gold one should trade with caution as buying at higer levels seems decreasing. The Gold is now trading in highly overbought level. Today gold is trading in uptrend showing buy signal for short term traders. For long term traders Gold mcx (Oct) is in HOLD LONG position.
MCX Gold (Oct) Resistance for Today:
31693.1 / 31880.8 / 31919.7
MCX Gold (Oct) Support of Today:
31240.9 / 31053.2 / 31209.
MCX Gold is in HOLD LONG position for long term traders and for short term investor it is advised to buy only above 31818.0 with stop at 31186.0.
SELL signal Intraday Trend - Buy is advised above 31756.5 with a stop at 31291.2 Below 31178.4 go for sell Intraday
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