The MCX Gold December futures may seek considerable support around Rs 28,350-odd levels, which is the recent low for the yellow metal.
As long as Gold sustains above Rs 28,300-odd levels, a sharp pull-back to Rs 29,700-odd levels cannot be ruled out.
However, one needs to wait for the key momentum oscillators to turn positive first.
Click Here for detailed analysis.
As long as Gold sustains above Rs 28,300-odd levels, a sharp pull-back to Rs 29,700-odd levels cannot be ruled out.
However, one needs to wait for the key momentum oscillators to turn positive first.
Click Here for detailed analysis.
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