Friday, 26 October 2012

Mtechtips GOLD MCX BUY ABOVE 31050 SL 30700 TGT 31550 TGT 31800


Mcx gold dec future on last trading session closed at 30940 with gains.here rupee volatility and comex gold weakness are major affecting factors but on technical chart gold now near major support and showing signs of reversal.we are bullish and in today’s half session expect 31,000 levels.ultimate target will e 31,550-31,800 in medium term.

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