Gold is currently trading slightly lower on MCX but the trend is likely to remain positive for the day. Currently gold futures (June Contract) is trading near 28850 it is facing a resistance at 29100 level. Breaching this level could bring back the bullish momentum in gold prices.
Below are the support and resistance for this bullion Metal-
First Resistance- 29100
Second Resistance Level- 29300
First Support -28650
Second Support -28400
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Below are the support and resistance for this bullion Metal-
First Resistance- 29100
Second Resistance Level- 29300
First Support -28650
Second Support -28400
Get Free MCX Alerts on Your Mobile- MCX Tips
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