MCX Gold (Price figures below are in Rs/INR per Kg)
Hold long position with astop loss of 30370.
Expect higher range of 30933-31217 to be tested.
TREND INFORMATION WITH INTRA-DAY LEVELS
CLOSE
DRV
TREND*
Trend
Price
Trend
Date
L1
L2
CP
L3
L4
30793.00
30362.18
UP
29903.00
24.08
30365
30649
30788
30933
31217
*Trend will remain Down as long as last close is below the pink color DRV.Trend will be Up as long as Price is above DRV. Sideways- No Directional Movement Indication
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