Monday, July 30, 2012
MCX Gold Tips and Levels For Today
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
CLICK HERE FOR WEEKLY MCX GOLD TREND AND TIPS