MCX Gold Updates

Gold Likely to trade with negative bias initially which may take it to 21700-650 levels which if breaches, a selling off pressure will be exerted on Gold to put it towards 21550-21400 levels later. A strong trade with volume above 21700 can lift Gold upto 21850-21950 level.

In Gold One can Sell below 21700 targeting 21650-21600 Stoploss- 21780
above 21800 buy Gold For the targets of 21850-900

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