For MCX Gold-July intraday trend is looking up, and expected to trade positive. As long as prices stay above 21870 could revive the broad bullish momentum towards 22100/22200 or even more for the day. Alternatively, a direct fall below 21860-820 region would be an early signal of selling pressure and such moves can take prices as low as 21720/21540, but long liquidation pressure is unlikely unless close below 21500.
MCX Commodity Tips, Gold Technical Views
Posted on Tuesday, June 28, 2011 by Unknown in
Labels:
MCX commodity,
MCX Gold,
MCX GOLD TIPS,
MCX Reports,
MCX Technical Views,
MCX Tips
on Tuesday, June 28, 2011
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