MTECHTIPS:-GOLD
Gold witnessed buying in the last trading session and closed with small losses on account of profit taking around 29000.MCX Gold is facing strong resistance above the 29000 levels for the session ahead and holding above will open up 29200 levels.On the other hand gold has strong support below 28550 levels and any dip below will test the support of 28400. Gold sustaining above the 28600 levels is a positive signal and if it manages to trade higher more upside is seen.
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