MCX Tips Gold Trend

Posted by Naresh Tomar on Tuesday, August 9, 2011

MCX Gold Above Rs 26000 in early trading today, MCX Gold has managed to create a new record level. Comaks on the gold price had touched a record level of Rs 1771. The decline in stock markets around the world due to increased investment in Gold trend. 

Gold: Be with stop at Rs 24 700.

MCX Gold Tips : - Between the decline in stock markets around the world, gold has rocketed to new heights. Comaks the gold price reached above $ 1760. At the MCX, Gold December futures trading at Rs 26,100 per 10 gram level, has managed to touch. 
MCX Gold (December futures) Buy 25,250 - 25,280, Stoploss - 2500 – Target 25600.

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