With a
decline of around 0.62 percent the gold at MCX is siganalling red.
Till the time the gold is currently trading at Rs. 29,246. US Federal
Reserve will launch the quantitative easing QE3 which may further
affect the gold prices in the market. Gold will probably trade in
the range bound today.
Latest Gold News, Updates, Highlights
for today
- October contract of Gold at MCX was trading at Rs 29590.00 down Rs 165.00
- August contract of Gold at MCX was trading at Rs 29262.00 down Rs 166.00
- December contract of MCX Gold was trading at Rs 29901.00 down Rs 183.00
- MCX Gold saw a Intraday high of Rs 30000.00 and an intraday low of Rs 29896
So If you thinking to trade in the mcx
gold you must probably go with the following recommendations.
- Gold (August futures) MCX: Sell @ -29300 bucks, stoploss of Rs over Rs -29 400, Set Target of Rs-29120
- Silver (September futures) MCX: Sell @ -52,600 Stoploss-52800 Target -52,100
FOR MORE MCX GOLD TIPS,
TREND, NEWS & UPDATES FOR TODAY 11 JULY 2012
FILL THE FREE TRIAL FORM FOR MCX GOLD TIPS FOR TODAY !!!