MCX Gold Updates: Weekly Prediction

Today Gold June contract opened at 21952 and made a high of 22034. For this week Gold expected to remain in trading range of 21200-22800. Gold is getting strong support at 21500 for near term.

For ongoing week, Gold future expected to remain sideways to bullish. Gold looks to take support at 21900 and resistance at 22060. One can buy Gold at 21850 rupees by maintain stop loss below 21600 for target near 22250 in current week.


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