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MTECHTIPS:-GOLD
Gold witnessed a volatile session as the commodity gained sharply in yesterday’s session. The commodity tested levels above 30000 in yesterday’s session. MCX Gold has resistance above the 30000 levels for the session ahead and holding above will open up 30300 levels. Support for Gold is seen 29500 levels and any dip below will test the support of 29200. Gold sustaining at current levels will be positive signal and for a further upside in the commodity.
Gold witnessed a volatile session as the commodity gained sharply in yesterday’s session. The commodity tested levels above 30000 in yesterday’s session. MCX Gold has resistance above the 30000 levels for the session ahead and holding above will open up 30300 levels. Support for Gold is seen 29500 levels and any dip below will test the support of 29200. Gold sustaining at current levels will be positive signal and for a further upside in the commodity.
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