Weak global cues has been a continuous decline in bullion market. MCX Gold has dropped 70 rupees.Gold and silver prices in the international market continues fall.
Why MCX Gold fall
Fed raising interest rates signal the decline, in fact, the US central bank Federal Reserve to raise interest rates until December that clear, so the dollar index above the level of two months on 97's.
Positional Calls: Log term trader Can Buy MCX Gold when it'sCome down around 26300 targets 26800, 27100 stop loss 25900.
Why MCX Gold fall
Fed raising interest rates signal the decline, in fact, the US central bank Federal Reserve to raise interest rates until December that clear, so the dollar index above the level of two months on 97's.
Positional Calls: Log term trader Can Buy MCX Gold when it'sCome down around 26300 targets 26800, 27100 stop loss 25900.
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