Gold Support & Resistance

Mcx Gold Support & Reistance ::—

Support = Rs 26320  Support 2 = Rs 26100 Support 3 = Rs 25960

Resistance = Rs 26560 Resistance 2 = Rs 26680  Resistance 3 = Rs 26840

Support and Resistance Generally Predicting the Days down level and up levels

TechnicaL Theory : Support and resistance is a concept in technical analysis that the movement of the price of a security will tend to stop and reverse at certain predetermined price levels. These levels are denoted by multiple touches of price without a breakthrough of the level.