MTECHTIPS MCX GOLD INTRADAY trading analysis 09-03-2016

(Before It's News)

 MTECHTIPS MCX GOLD INTRADAY trading analysis 09-03-2016

Mcx gold future Made a high of 30161 and slipped again. Gold is forming rising wedge pattern on daily chart Now what to expect??? Support at 29400 and Resistance at 29900—30200 It looks weak and could test its support level of 29400. Once break and close with volume below 29400 will see sharp downside panic till 28900—-28600 mark in days to come else it could test its resistance level of 29900—30200 mark Trade with levels only.

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