MCX
Gold Tips : MCX Gold prices gained by 1.7 percent and closed at
29,776/10gms on Friday after touching high of 29,884/10gms. Experts
believes that appreciation in Indian rupee helped in gains in prices.
Sport Gold prices gained by 2.5 percent during the last week. Weaker
DX also was the factor for upside in the prices. Gold touched high of
1,629.10 in last week and closed at 1,623.44 in last trading session
of the week.
Sell
MCX Gold around 29,800/10gms with stop loss of 29,920/10gms for
target of 29665/10gms.
Gold
Support and Resistance for Today:
Support
: 29736, 29676, 29602
Resistance
: 29870, 29944, 30004
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HERE FOR WEEKLY MCX GOLD TREND AND TIPS