Wednesday, August 8, 2012

Gold Intraday Tips & Trading Trend For Today 8 August

MCX Commodity Gold Outlook- On international market gold prices ended the day session slightly lower on Tuesday. The overall market place was quiet amid a lack of market-moving fundamental news. On MCX gold prices declined 0.5 percent on the back of appreciation in the Indian Rupee and closed at Rs.29,76 after touching a low of Rs.29,756 yesterday. Precious metals to trade sideways to up due to positive global market sentiments. 
MCX Gold Oct: Support== 29680/29600 Resistance== 29850/29930


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