Friday, July 27, 2012

MCX Gold Tips & Levels For Today

MCX Gold Tips For Today :
MCX Gold August Buy at 29800 with stop loss belo w29650 and for target of 30000
Buy MCX Gold August around 29800 levels with a stop loss placed below 29650 levels for targets of 30000 .
MCX Gold Levels For Today :
Support : 29725, 29658, 29583
Resistance : 29867, 29942, 30009
MCX Gold Price :
Gold Aug/10 gmHigh : 29,875, Low : 29,733, Close : 29,793, %Change : 0.1%
In India physical buying of Gold is getting positive response with good support coming from far east. Experts believes that yellow metal will gain momentum in buying as in India demand of Gold is high ahead of wedding season.
Gold Futures closed above &1600 per ounce, hitting a three week high as euro manages to gain its position after comments from European Central Bank which helped in calming investors worries about currency union's banking crisis.