Gold (Oct 09 - MCX) ST: target 15038
Our pivot point stands at 15959.
Our preference: target 15038.
the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. The index is below its 20 day MA (15733.1) but above its 50 day MA (15332.76). Gold (Oct 09 - MCX) is currently trading near its 52 week high reached at 16040 on 20/02/09.
A place for everyone interested in latest trends.
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