Mcx Gold:

As far As Gold Trend Is Concern, We Feel Stronger Euro Will Be Supportive For Gold For Sharp Upside,

As Increasing Jobless Output May Weaken Dollar & That Will Play Huge Role To Push Yellow Metal Upside,

We Expect Gold is Likely To Remain Strong As China Is Preparing For Lunar New Year Which Will Take Place On 23-1-2012 & This May Show Decent Rally In Gold As Buying In Gold Is Expected To Be Increased

2 Main Keys For Stronger Gold Will Be,

A Stronger Dollar & Expectation Of ECB (European central bank) To Keep The Rate Unchanged Will Support Metal & Bullion Sectors.