MCX Gold

Posted by Naresh Tomar on Friday, September 9, 2011

MCX Gold :- Bullish trend in MCX Gold remains intact.  With 1.5 per cent up on Comaks gold is trading close to $ 1880. MCX Gold also made up of Rs 28,300.  U.S. President Barack Obama's announcement of measures to boost the economy in the markets does not show much enthusiasm. MCX Gold The point is to get to sleep.  The decline in the rupee is due to the boom in gold. Rupee against the U.S. dollar has reached 1-year lows. 

MCX Gold (October futures) Buy - 28 100, stoploss - 27 850, Target - 28800 

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