mcx gold weekly technical outlook for 16 to 20 nov 2015

mcx gold this week closed at 25365 with loss.
this was forth losing week for this precious metal.
gold future price trend and momentum absolutely
bearish and heading towards bottom of 24600.
mcx gold weekly support zones are 25140 and 24800.
mcx gold weekly resistance zones are 25460 and 26200.
mcx gold future weekly trading call will be
stay short with trailing stop loss for target 24800 and below.

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Pramod Baviskar

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