MCX GOLD weekly-recovery rally hit 28650 tgt next resistances 28925-29300

MCX GOLD weekly forecast for 25 to 29 dec. 2017

Mcx gold future this week closed at 28658 with gain.

mcx gold is now in recovery phase and after hitting all bearish and super bearish targets in december now recovering towards resistance levels.

hit 28650 target this week and now watch for breakout above it for targets 28925 and then 29300.

from long term view, mcx gold hit 28300 support and now look like taken long term support for target 31500. so remain buy and accumulate from long term view.



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Pramod Baviskar

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