MCX Gold Dec contract is currently trading at 28974 very near to its opening price. MCX Gold may take resistance near 29100 level. The MACD is in sell mode. Immediate support exists at 28800, if 28800 is breached we could see levels of 28500.
Intraday Trading Call:
Sell below 28940 levels with a stop loss placed above 29050 levels for targets of 28865-28800 levels.
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