The MCX Gold is in perfect uptrend now. Although it was in strong downtrend in last week but volume is unsatisfactory. The open interest is not increasing with trend. The Gold is now trading in overbought level. The Gold is now trading in overbought level. Prices seen trading firmly so far and we expect the buying bias only above 29170 region. Such wining moves could generate fresh rallies towards 29260/300 firstly followed by 29390.....
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