MCX Gold October futures are showing a strong intraday recovery, with prices trading around Rs 1,53,870 after breaking above the recent consolidation zone.
MCX Gold October futures are showing a strong intraday recovery, with prices trading around Rs 1,53,870 after breaking above the recent consolidation zone.
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Gold has recovered sharply from the lower portion of its recent trading range and is now moving towards the upper side of the short-term structure.
MCX Gold October futures are trading around Rs 1,55,250 and continue to maintain a constructive short-term structure after a sharp recovery from the recent lows. The chart shows a sequence of higher highs and higher lows, while prices are holding above the key short-term moving averages.
