MCX Gold Live Trend:
MCX Gold is looking in a selling side today. Currently MCX Gold is trading at 30303 level fell by 28 points from its previous close. MCX Gold is might get 29000′s level in short term trading session. For Today MCX gold Trend is down, Better to make a short position in MCX Gold.
Gold futures on domestic exchanges were trading lower tracking the trend in international markets as rising confidence in global economic recovery has started to fade the safe-haven appeal of gold. Gold is under pressure in increasing confidence on global economic growth and temporary abatement of worries over fiscal crisis after the US House of Representatives Wednesday passed a bill to allow the federal government to keep borrowing money through mid-May.
MCX Gold Levels:
MCX Gold February Contract is looking negative for the day. Our Technical support team suggest Market level for MCX Gold is There is a strong support level near 30200 and 30070 and in Upper side resistance can be seen near 30400 and 30540. Day traders are advised to sell intraday on rise.
MCX Tips For Today:
For Today Sell MCX Gold around 30300 with SL 30390, for the target of 30180 & 30070. Fill The Trial Form For More Sure Shot Tips on Your Mobile.