Gold MCX Daily Chart
Gold Index Daily Chart
At Way2Profits, we received few request from our readers to start weekly technical analysis on Gold, so we are attempting to give weekly outlook on MCX Gold. We hope our readers will find it useful.
As show in attached, Gold in International market, after forming a rising channel from July’13 onwards, gave breakdown in last two trading sessions. Although, it started correcting after posting a high of 1433 in the end of Aug’13 itself.
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Gold Technical Analysis 16 Sept Onwards 243.85 KB
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