Gold Updates
MCX Gold has crashed yesterday. In its last trading it has touch its support level. On Thursday mcx gold has closed at 29861 with the loss of 1.41% in intraday. The reason is the expiry of this month's contract.
MCX Gold Trend
MCX Gold is looking consolidate to negative. It has a fall of almost 1.5 % in yesterday eveing session. For today mcx gold has a resistance of 30120 and a strong support at 29560.
MCX Gold Tips
We suggest that in is not a good time to make a fresh position in mcx gold. We suggest to Sell mcx gold on higher levels.
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