Moneycontrol
Sep 12, 2011 04:39 PM IST | Source: Moneycontrol.com

Technical view on Gold, USDINR, EURINR: Way2Wealth

Way2Wealth has come out with its report on Gold, Crude Oil, MCX Aluminum, MCX Copper, NCDEX Jeera Sep, NCDEX Soya Bean, USDINR, EURINR

Technical view on Gold, USDINR, EURINR: Way2Wealth

Way2Wealth has come out with its report on Gold, Crude Oil, MCX Aluminum, MCX Copper, NCDEX Jeera Sep, NCDEX Soya Bean, USDINR, EURINR


Gold: It made a new record of 1920.95 last week but failed to sustain above $1900 mark psychological level gold prices has retreated from the same and ended at $1855/oz. This development suggests more sideways consolidation could be continue at higher levels. RSI (14 day) & MACD both are pointing in neutral zone and showing neutral tendency.

USDINR: continued its upside and traded firm above its last week

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