Tuesday, 9 October 2012

Mtechtips GOLD MCX BUY ABOVE 31430 SL 31335 TGT 31520


Mcx gold dec expiry future today closed at 31,333 with flat gains. but earlier we seen of 31438 on gold future. here trend is bullish on rupee correction. as dollar inching up we will see value appreciation of domestic gold prices. for tomorrow 31,400 is major resistance above that we will see sharp upside run upto 32,000-32,200.we are bullish on gold prices in short to medium term.

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