Thursday, 3 April 2014

Gold Technical Comment For 4th April

Gold was expected to show some moves on the higher side and that is what happened in the day trades on MCX platform on 3 April 2014. The prices closed at Rs 28132 per 10 grams, up Rs 82. On the higher side, Gold is expected to test RS 28300 and 28450 per 10 grams. The prices are getting supports from Rs 28090 per 10 grams. RSI is at 24 an indicator of overbought situation in the metal and further rise in prices. COMEX Gold for April expiry was trading at $ 1285 per troy ounce, up $ 1.5 per troy ounce.

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1 comment:

  1. This given data with the MCX tips for gold is highly analyzed so there will be a great advantage of it in trading.