 "gold")
The MCX Gold futures seem to be precariously poised near the 20-DMA (Rs 50,350), which is now likely to act as a pivot point and shall dictate the trend in the near term. On the other hand, select key momentum oscillators (MACD in particular) is exhibiting divergent trend on the daily and the weekly charts for Silver, thus indicating a possibility of sharp wild swings in both directions this week.
Gold
Bias: Neutral
