MTECHTIPS INTRADAY TRADING ANALYSIS

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Mtechtips GOLD MCX  intraday trading analysis 4-9-2012

Mcx gold oct expiry future currently trading at 30,260.today hit high of 31311 while low was 31186.for intraday momentum is bullish but trend is rang bound.still trading in overbought zone and expect correction!!for tomorrow gold intraday resistance levels are 31,350 and 31,550 while supports are 31,200 and 30,980.