mcx gold weekly : expect targets 30800 and then 32200

mcx gold future weekly technical analysis for 7 to 11 march 2016

mcx gold future weekly technical analysis for 7 to 11 march 2016

Mcx gold future this week closed with gain. After last week correction, prices resumed uptrend and heading towards my targets 30800 and then possibly 32200.   On downside 28700 is major support and above it keep buy on dips and accumulation strategy. Weak dollar and short covering rallies will show sharp upside levels for mcx gold in medium to longer terms.

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Pramod Baviskar

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