Thursday, July 28, 2011


MCX GOLD:


IS TRADING @23,097 APPRECIATION IN RUPEE THE MAIN REASON FOR GOLD TO TRADE IN PRESSURE, AS RUPEE HAS ROSE TO ITS 3 YEARS HIGH V/s U.S. DOLLAR,


WE EXPECT GOLD MAY FIND SUPPORT NEAR 23,025 & 22960.


ABOVE 23,175, WE ARE POSITIVE ON GOLD