Gold - June 4, 2021 - Reliance Securities

Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities

LBMA Gold Spot if sustain above $1870 level could see a bounced back up to $1881-$1893 levels. Support is at $1867-$1858 levels.

MCX Gold August could see a sideways to marginal downside momentum up to 48500-48200 levels. Resistance is at 48900-49100 levels.

*Strategy for Gold August Sell on rise 48800 SL 48950 TGT 48500 Conditions apply.*

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Source : Equity Bulls

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