Gold has recovered and taken support around $4000 - Tradebulls Securities Pvt Ltd
GOLD CHART (Hourly)

Gold has recovered and taken support around $4000. In MCX, 140000 proves to be strong support while 144000 is proving to be strong resistance. We have seen some short covering owing to gold becoming oversold. Upside seems capped and buy on dips should be the strategy till 144000.
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