MTECHTIPS MCX FEB GOLD TRADING VIEW & LEVELS 28-12-2012
Gold has importance resistance 30980 and 31200. 30349 is very important stop loss for long term trader. Till the time gold trades above 30349 buying on dip advisable strategy. Intraday watch out for 30800 as 30600 as important support levels. Our strategy be buyer in gold and it will acquire good up-move above 31000. For intraday 30950 is the level to watch out. If crossed we may see level upto 31300. Gold heading for 29800. Waiting for 30300 breakdown. The pattern formation show bearishness in gold.