MCX GOLD (April)
After the current instability in gold, few market participants believes that it could see a rebound next week and overall their tone is cautious given jitters in the Middle East, technical charts .In previous week a little support was seen at lower level at 28180 and in the last made a high of 29334 and closed below 27824. The short-term trend is good and sharp decline to buying opportunity. For the present week, trend decider 28180 to watch out. Higher-level resistance considers at 29510, after that shows some strength and power.
