Gold - Dec 30, 2020 - Reliance Securities

Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities

LBMA Gold Spot is trading on flat note where it is expected to trade in a range of $1870-$1889 levels.

MCX Gold February is struggling near 65-Daily Moving Average at 50050 levels indicating for a sideways momentum where support is 49900-49700 levels. Resistance at 50150-50250 levels.

*Strategy for Gold February Sell near 50150 SL 50300 TGT 49800*

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Source : Equity Bulls

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