Below Rs 17400, Gold can slip to Rs 17300/10gm: Nirmal Bang

Published on Wed, Nov 25, 2009 at 16:43 |  Source : Moneycontrol.com

Updated at Wed, Nov 25, 2009 at 16:49  

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Below Rs 17400, Gold can slip to Rs 17300/10gm: Nirmal Bang

Nirmal Bang's research report

The Gold remained side ways to down yesterday after a long upwards rally. The Prices are still above the trend line but the RSI has moved down to 89.85 from the 91.6 levels yesterday. Thus prices breaching Rs 17400 can trigger correction Rs 17300 in the counter.

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To read the full report click on the attachment

  

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