Commodity Radar: Sell gold on rallies, says LKP Securities expert. 5 indicators signal more downside
Gold prices dropped nearly Rs 1,800 intraday on MCX amid profit booking and a firmer dollar. Analysts see consolidation after a sharp rally, with technical indicators signaling limited upside and recommending a sell-on-rise strategy toward lower support levels.
Gold prices dropped nearly Rs 1,800 intraday on MCX amid profit booking and a firmer dollar. Analysts see consolidation after a sharp rally, with technical indicators signaling limited upside and recommending a sell-on-rise strategy toward lower support levels.