YESTERDAY'S CALL UPDATE:
GOLD BUY CALL HIT FIRST TGT 31100 !!
GOLD BUY CALL HIT FIRST TGT 31100 !!
silver SELL CALL HIT TGT 38500 MADE LOW OF 384044!!!
FOR FREE MCX/ NIFTY/FUTURE/OPTION TIPS FILL UP THE FORM HERE>>>>>
Gold:Gold trading range for the day is 31250-30600. Gold is getting support at 30750 and below same could see a test of 30600 level, And resistance is now likely to be seen at 31150, a move above could see prices testing 31250. Gold is trading into positive zone .On
the daily chart. Gold price slipped from highs and sustained below 21EMA; which
indicate selling pressure in the counter. On the other hand, 4hourly COMEX Gold
price has retreated from 61.8% retracement level. Moreover, RSI & MACD has
turned back from high and shown negative crossover on daily chart. So, we expect sideways move in MCX Gold for upcoming days.
R2
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R1
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S1
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S2
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TREND
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GOLD
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31250
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31150
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30750
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30600
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SIDEWAYS
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