MCX Gold Updates : Tips Trend Today

MCX Gold Tips Trend Trading Strategy Today|Live Commodity Rates 23 February:- We may see Gold prices trade in the range of $1800/Oz-$1600/Oz for some more weeks, but in the long run from 1 ½ years perspective, we expect the gold hit target of $2170/Oz and $2242.9/Oz. Our view remains firmly in place as long as gold prices do no close below $1480/Oz on weekly basis.Key levels for the day: Downside: Immediate 1742-1736/1715/1702-1700 Upside: Minor 1780 then 1800/1840.  Buy on dips to 1742 target 1765 SL below 1732 Buy on dips to 1725 target 1754 SL 1715. Buy at 1702 target 1752/1770 SL 1698 Confirm selling below 1660 target 1642/1625 SL 1690.  Downside turn around point is at 1660. Day’s bias likely to continue the broad bullish prospective,...

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