Gold Support : When a market like Gold puts in a move like it did earlier this summer – people have a tendency to remember. And not just remember, there may also be a general tendency to expect that to continue in a similar manner as it had in the past. It’s unfortunate for market participants but that’s simply not the case: Things change, sometimes very quickly, and this can lead many to chasing their tails by trying to trade yesterday’s trends.
Gold Trend Today
Gold MCX Today Tips Rocking Hit High 53965, Rona Mana Hai – Neal Bhai
Gold MCX Today Tips Rocking Hit High 53965, Rona Mana Hai – Gold yesterday settled up by 2.01% at 53322 buoyed by a weaker dollar as investors await the fine print on the U.S. Federal Reserve’s strategy to stem the economic toll of the coronavirus.
Gold prices today fall for second day, silver rates decline
Gold prices today – Gold is likely to see some selling pressure at higher levels, says SMC Global. Gold can dip lower towards ₹40,200 while facing resistance near ₹40,600 while silver can dip towards ₹45,500 while taking resistance near ₹46,000, the brokerage said in a note.
MCX Gold Futures Prices Above 38877 Big Blast On Chart – Buy and Sleep
MCX Gold settled down 0.28% at 38971 on profit booking after prices gained as the dollar dipped and U.S. military strikes in the Middle East drove investors towards the safe-haven metal.