Posted by : Niti Mathur
The Current MCX Gold trend suggest that prices have reversed after touching the initial level of 28200. RSI is in a sell mode. Our technical expert suggest that prices to correct up to levels of 27500. Over all here is a consolidate to bearish trend for MCX Gold. MCX Gold Tips: Sell MCX Gold Oct around 27900 levels for the target of 27500 level with a stop loss above 28200 level.
Technical chart of Copper suggest that copper prices have get the initial resistance level of 430. Still RSI is in a buy mode. We expect prices to go up to levels of 440. MCX Copper bullish further buying expected till 438 level.