Yesterday gold spot had lost almost $14 & MCX gold loses 233 point and both are looking strong today. If gold spot break and close below to $1127.29 levels then we may expect $1124.55-$1122 below levels, otherwise we will see $1136.51-$1139+ levels. Moneymunch research says if Indian gold break the yesterday low then we can see 26250-26165 below levels and if that not happen then we’ll see today 26660-26726+ levels.
MCX Lead had run very well on last trading session, and it well played with speculators’ but the lead hurdle is 110.4 levels. If it closes or crossover that the hurdle then you could think about some positive moves but today I’m looking 109-108 level for sellers!
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