As expected MCX GOLD prices moved lower and achieved our short term target of 29100 levels. Technically, it suggests that prices have breached crucial short term trendline levels at 28850 levels. The COMEX Gold price has completed a “Bearish CYPHER Harmonic Pattern” at 1260 levels. The momentum indicator RSI is trading below 50 levels on hourly chart which gives negative confirmation to the prices. For now we expect prices should move lower towards 28550 levels in the coming trading…
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Commodity Market Tips-Silver and gold futures ease on global leads
Taking weak cues from the global market, silver prices declined by 0.14 per cent to Rs 38,407 per kg in futures trade today as participants reduced their exposure. At Multi Commodity Exchange, silv…
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MCX Goldm January contract gains - | By www.100mcxtips.com/blog/
Change in Gold Price in india happens at every business Day, We bring you the #goldrateinindia Live and up to date. Our price Schedule Covers Gold Rate in Chennai,Gold Rate in Mumbai,Gold Rate in Kolkatta and Gold Rate from Major Cities in India.
Gold futures traded higher on MCX Gold futures traded higher on MCX as speculators enlarged their holdings on the back of positive cues from global markets after the US jobs data fuelled speculation that the Federal Reserve will not hike key interest rates any time soon.Continue…..For more information visit:-http://goo.gl/IivI3n
Gold on MCX settled down -0.23% at 28756 but prices were little changed in yesterday’s session while prices
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