Gold Quant Analysis: 6/Feb/19

MCX Gold April futures technical chat has taken the formation of
The continuation of the trend will be confirmed once the prices break below a key support zone holding at 33100. The negative relly could be extending all the way up to 33000-32950 levels in the upcoming sessions. The continuation of the trend will be confirmed once the prices break below a key support zone holding at 33100. The negative relly could be extending all the way up to 33000-32950 levels in the upcoming sessions. alternative scenario indicates that if the key support holds strong then the market might have a chance to retest the same and revise the trend to bullish once again. The upside rally could test up to 33300-33450 levels. Key resistance holds at 33450.