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GOLD MCX

Long
Gold Futures (MCX:GOLD1!)  
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MCX:GOLD1!   Gold Futures
Chart Patterns Trend Analysis Beyond Technical Analysis goldtrading goldcall Gold goldanalysis goldmcx goldcomex goldtechnicalanalysis goldtechnical goldoutlook
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On the 4 Hourly Charts Gold MCX has Strong Support Zone around 49900-50000, As it was previous Channel Resistance now acting as support. We may see the uptrend resuming, On should follow strategy to buy on correction and Hold for investment with Stoploss below 49000 on closing basis.

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