Sunday, November 24, 2013

Gold Trend Today on MCX is Bearish

MCX Gold Trend Today: Gold on Multi Commodity Exchange of India is expected to open on the negative note today. For the whole day on Monday the mcx gold may follow the global commodity market trend specially that of U.S. In the global commodity market trend the gold on Comex is continuously moving downward. From the short term perspective also the experts are expecting a downward trend in the gold. December futures of MCX gold  is expected to find support at 29600 and 29450 levels while resistance is seen at 30000 and 30300 levels for today, according to Research analyst at indian-stock-commodiy-tips.blogspot.in.

Free MCX Trading Tips for Today: Intra day traders are advised to take sell position today below 29700 for the intraday target of Rs. 29550 with keeping stop loss at around 29760.


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