Wednesday, 24 July 2013

yellow metal down in intraday session|| gold up for future

The yellow metal showing  down position for the evening session of Wednesday. Gold future down by 24 RS in global domestic market ,gold august delivery has been  traded on downside,but spot gold prices shot up by Rs 685 to hit an over one-month high of Rs 28,365 per 10 grams in Tuesday's trade.

Gold future price down by 24 Rs to 27574 per 10 gram and it spotted at 27550 on Wednesday around 3:33 pm.

Intraday support and resistance for gold is 27400,27800

For evening session all mcx commodity showing  red shade. Spot value affect when you want to analyze or trade it with min risk…

Sell gold above 27538  TGT 27520,27500,27477 SL 27560

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