Gold Updates: In
the domestic market of the country in the spot market gold price has come down
to Rs 25 thousand. Which is the last 4-year low.
Tell you only so far in the futures and
spot market gold price in Mumbai were under 25 thousand, but now, Delhi, Kolkata
and South India markets gold is sold fewer than 25 thousand. Indeed in the last
7 weeks Lgajar gold continues to fall and the decline in the last 16 years is
the longest period. US interest rates are expected to grow stronger than the
dollar, making gold is increasing pressure on. Today the non-farm payroll data and
unemployment rate figures will be released. The MCX gold is flat and looks down
to Rs 24 780.
Safe Trading levels
What you
want exactly, Actual MCX Gold was trading last 4 year lower record. But I am
Expert of Commodity Market and Expected Gold Will recovered after non-farm payroll data
and unemployment rate figures.
Advice : So I am Guide to all Intraday and Long term trader too, you can buy MCX Gold around
24,700 to 24,750 targets 24950, 25150 stop loss 24421, you can hold it 10 Aug
only. Intraday trader can book profit around 24950.
Good Luck
Commodity Expert
Safe trading is must to gain high returns by performing gold trading. Epic Research helps traders of commodity market by recommending MCX tips to the traders to prevent from loss.
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