Sunday, 2 September 2012

MTECHTIPS

MTECHTIPS:-GOLD

Gold  in yesterday’s session, witnessed a very positive session, as the commodity gained and sustained around 31300. Gold will witness strong resistance above 31500 levels in coming days any up move will open the resistance of 31800. The trend is positive and any profit booking in the commodity may test the supports around  31240 holding below may open up  31100 levels also.The commodity is trading in a very positive zone and if manages to hold on to the current levels further upside is not ruled out.

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