Wednesday, June 29, 2011

MCX:

GOLD IS UNABLE TO SUSTAIN NEAR 22,170 LEVEL, IT MADE A HIGH OF 22184, BUT FAILED TO PASS ITS RESISTANCE OF 22,200 MARK.

SUPPORT STANDS @22100 & CURRENT PRICE STANDS @22140,

IT IS TRADING IN MID RANGE.

IF IT IS UNABLE TO SUSTAIN BETWEEN 22,170 & 22,200, THEN IT MAY SHOW 22075 - 22030 LEVEL SOON,

OVER ALL WE ARE NEGATIVE FOR INTRADAY BELOW 22,170.