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Overseas as
well as in the domestic market the gold and silevr are trading in the
weak side. At Comex the gold dropped by around 0.5 percent and is at
$ 1766. While the silver fell down by nearly 1
percent to $ 34 per ounce level. In the Last week too the mcx gold
closed with marginal fell down.
MCX Gold Trading Levels
for this Week 1 October – 6 October
We observed the gold
prices to stick in between 31340 & 31800. The gold prices are
going to see the support level at 31340-31370 while the resistance at
31800 most probably in this week.
MCX Gold Trading Recommendation:- As per our technical experts view traders/investors must go for selling side in the mcx gold. Gold may be in the bearish side in this week.
Sell MCX GOLD Dec between 31850-31900, SL - 32200, Target - 31400 / 31350
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