MCX Gold Updates: Trading Tips for Today

Possibilities for further gains are still in the picture. But before this  price action, we expect prices to take a dip lower towards 27470  region to involve fresh buying towards 27780/28000 then to  28130.Alternatively, successful trades below 27400 could dilute our  buying expectations and would drag down price towards 27240/27100 followed by major crucial region of 26900. Anyhow for the day we favor choppy trading with positive bias.