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Gold Is Trading Lower, Sell MCX Gold For Intraday

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  • Thursday, November 17, 2011
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  • As rupee appreciated slightly, so for MCX Gold prices will trade lower for the day. We can expect prices to test Rs 28,650 per 10 gram levels. It is advised selling the MCX gold December contracts around Rs 28,770-28,750 per 10 gram levels with a stop loss of Rs 28,850 per 10 gram. Moreover, she indicated that the prices are expected to trade below Rs 28,600 per 10 gm today.

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