Mcx gold predictions for 28 Nov. to 2 Dec. 2016
Mcx gold future last closed at 28613 with loss. This was third week of losses for gold prices and we already saw 3000 rupee drop from top in these 3 weeks’ time frame with highest volatility in
Mcx after achieved my downside target of 29200 hit low near 28300 and almost achieved my given target of 28300. Gold prices are oversold on daily as well as weekly chart so now time to buy with medium term view and expect target of 29200 on upside if sustain above 28300. Below 28300, next support zones as well as targets will be 27400 and 26500.