MCX Gold is again started trading in downtrend and the mcx price chart of this precious yellow metal suggest that gold price is trading close to a crucial resistance of 28426. The gold is currently in sell mode. We expect prices to correct up. MCX Gold mini support will be seen at 27950 levels and support will be seen at 28426 levels. The gold mini is currently in hold long position. the gold is expected to gain more.
Gold M Intraday Trend and Tips for 10 February:
Gold is advised to Buy is advised above 28401 with a stop at 28029 and target of 28450 levels.