mcx gold weekly forecast for 12 to 16 oct 2015

gold future this week closed at 26620 with gain.
mcx gold 5 weeks trend channel is flat
and 20 weeks trend channel is uptrend.
weekly chart RSI is at 56 with buy signal.
gold weekly support zones are 26300 and 25900.
gold weekly resistance zones are 26830 and 27030.
mcx gold future weekly trading call will be
buy gold dec future near 26300 
for targets 26830 and above.

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Pramod Baviskar

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