Mcx gold below 29200 remain sell tgt 28400

Mcx gold below 29200 remain sell tgt 28400

Mcx gold technical call for 22 November 2016

Mcx gold future last closed at 29081. Gold is bouncing back from lower level but below 29200 remain bearish and sell on rise. On downside 28800 and 28400 are positional targets. Volatility will remain high on strong dollar index and weak rupee.

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