Mcx gold oct future trading at 30,903 with
loss of –0.14%.today hit high of 31,007 while low was 30,886.on intraday chart
very range bound and going under consolidation but intraday momentum is
bearish. for tomorrow mcx gold supports are 30,880 and 30,700 while on upside
resistance levels are 31,010 and 31,140.
traders on gold stay short or go short
around 31,000 with stoploss above 31,140 for downside targets.we are bearish on
gold!while positional and swing traders watch major support of 30,800 if break
on closing basis go short for target 30,200 with stoploss above 30,150.
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