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MTECHTIPS:-GOLD
Gold witnessed a positive trading session as the commodity gained strongly intraday to close around the 30000 mark. MCX Gold has resistance above the 30150 levels for the session ahead and holding above will open up 30300 levels. Support for Gold is seen 29800 levels and any dip below will test the support of 29500. Gold is trading with positive bias the commodity holding above current levels indicates further upside in gold in coming sessions.
Gold witnessed a positive trading session as the commodity gained strongly intraday to close around the 30000 mark. MCX Gold has resistance above the 30150 levels for the session ahead and holding above will open up 30300 levels. Support for Gold is seen 29800 levels and any dip below will test the support of 29500. Gold is trading with positive bias the commodity holding above current levels indicates further upside in gold in coming sessions.
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