Gold Mcx Weekly
Gold in international market is at 3 year low and holding support of 1180 which is at 61.8% retracement on weekly chart.
Gold Mcx Monthly
Monthly chart is forming a descending triangle with support at 24800. Positional traders can use the below mentioned levels to trade.
Gold Trend Deciding Level:26073
Gold Resistance:26450,26870 and 27060
Gold Support:25610,25200 and 24700
Levels mentioned are 05 Aug Gold Futures