Tuesday, 4 September 2012

MTECHTIPS

MTECHTIPS:-GOLD

Gold  in yesterday’s session,  witnessed a  range bound session and the commodity closed with small losses. 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  31150 holding below may open up  30900 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.

No comments:

Post a Comment