Intraday MCX Commodity Market Daily Report and Trading Tips

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GOLDMmcxMAY(m)
Technical Levels
R3 - 21150/21224
R2 - 21010/21070
R1 - 20915/950
Pivot - 20880
S1 - 20840/810
S2 - 20770/680
S3 - 20560/380

Technical Commentary
The 20910-30 region has kept upside under pressure for the last two day. Once it gives away expect short covering rallies towards 20950/21010 or even more for the day. However early attempts to break the region to be unsuccessful and drag prices lower till 20810/730 or even more.
Trends

Intraday -Consolidate
Near term - Up

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