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MCX Gold Outlook - Live Commodity Updates

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  • Monday, December 12, 2011
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  • For MCX Gold February contract the daily price chart suggest that prices have reversed after taking resistance at 29400 levels. Immediate support which was at 29000 levels is also breached. The daily MACD is in a sell mode. We recommend a sell around 29000 levels with a stop loss placed above 29400 levels for a target of 28350.

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