October 20, 2017

MTECHTIPS MCX FEB GOLD TRADING VIEW & LEVELS 18-12-2012

Gold has made a bottom of 30916 last week. We expect gold to face major resistance in 31500-31550 zone. Once this zone is crossed gold shall come to 31750 zone. 32100 is ultimate target for gold for the current month. Intraday for Monday expect a price to touch 31300 -31325which is selling zone. If 31350 not crossed and gold start to trade below 31075 then gold can come down till 30870 and 30750 zone. On upside be positive above 31350 for 31500 and 31750 target. Be cautious in Gold heading towards 30750

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