MCX GOLD UPDATE:

YESTERDAY WHEN GOLD WAS TRADING @ 28,185

WE SAID IF GOLD IS UNABLE TO PASS ITS RESISTANCE OF 28,275

THEN WE MAY SEE MELTDOWN IN GOLD TOWARDS 27,900 & 27,500..

"SEE THE IMPACT, YESTERDAY GOLD MADE LOW OF 27,425"

OUR TARGET WAS 27,500.

THAT IS 685 POINTS IN INTRADAY.

LINK OF RECOMMENDATION: http://zubinmody.blogspot.com/2011/08/mcx-gold-is-trading-28185-resistance.html