The MCX Gold December futures, as expected, has almost achieved our short-term target of Rs 30,700-odd levels.
Gold prices may spike to Rs 30,850-odd levels, or consolidate around current levels given the sharp 7.7 per cent rally in the last nine trading days.
The overall bias for the MCX Gold continues to remain bullish as key momentum oscillators are in favour of the bulls.
MCX Gold may seek near support around Rs 30,100-odd levels, and major support around Rs 29,500-odd levels.
Click Here for the detailed update.
Gold prices may spike to Rs 30,850-odd levels, or consolidate around current levels given the sharp 7.7 per cent rally in the last nine trading days.
The overall bias for the MCX Gold continues to remain bullish as key momentum oscillators are in favour of the bulls.
MCX Gold may seek near support around Rs 30,100-odd levels, and major support around Rs 29,500-odd levels.
Click Here for the detailed update.
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