Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
July 3, 2012
MCX Gold Chart analysis
First chart is the 4 Hour time frame of Aug contract which shows a crucial support line.
Breaking below it and falling below 29457 levels will favor gold bears.
Long trades on price sustaining above 50 Hour SMA which is shown in the last chart.
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