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MTECHTIPS MCX GOLD INTRADAY trading analysis 16-03-2016
MCX GOLD Support at 29030 and Resistance at 29250—29400 Close below 29000 will take to 28700—28400 and then to 28000 mark in days to come else it could test its resistance level of 29250—29400 again Further upside rally seen only close above 29400 mark On Comex division… Gold has support at $1225. Close below $1225 will take to $1205—$1190. Three consecutive closes + weekly close below $1190 will take to ??? Trade with levels only
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