5:27 PM
Nifty Tips
Today MCX gold has breached its crucial upside resistance level of 22650-700. Till the time Gold continues to trade above these levels, the bullish momentum will remain consistent towards 22850-900 and even 23000 levels later.
But If Gold fails to manage above 22600 the market may bounce back to 22450-400-350 levels.
Traders are advised to to buy Gold August contract above 22800 to target- 22850-950 .
Below 22600 go for sell In Gold TG-22450 .
But If Gold fails to manage above 22600 the market may bounce back to 22450-400-350 levels.
Traders are advised to to buy Gold August contract above 22800 to target- 22850-950 .
Below 22600 go for sell In Gold TG-22450 .
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