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MTECHTIPS:-GOLD
Gold consolidated above the 29000 mark the positive sentiment prevailed in the commodity. MCX Gold will face strong resistance above the 29250 levels for the session ahead and holding above will open up 29400 levels. On the other hand gold has strong support below 28800 levels and any dip below will test the support of 28600. Gold sustaining above the 29200levels is a positive signal and if it manages to trade higher more upside is seen.
Gold consolidated above the 29000 mark the positive sentiment prevailed in the commodity. MCX Gold will face strong resistance above the 29250 levels for the session ahead and holding above will open up 29400 levels. On the other hand gold has strong support below 28800 levels and any dip below will test the support of 28600. Gold sustaining above the 29200levels is a positive signal and if it manages to trade higher more upside is seen.
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