MCX Gold likely to move in a range of 40295 40955
India, Jan. 28 -- Technically Gold market is getting support at 40440 and below same could see a test of 40295 level and resistance is now likely to be seen at 40770 a move above could see prices testing 40955. "Gold on MCX settled up 0.58% at 40585 gained as fears of the economic impact of a fast-moving viral outbreak hurt appetite for stocks and powered buying in assets perceived as havens.The coronavirus which reportedly originated in Wuhan City China has infected nearly 3 000 people and killed at least 80 prompting Beijing to extend the annual Lunar New Year holiday by two days to Feb. 2 to contain the disease according to reports.In the U.S. the number of domestic cases hit five according to Centers for Disease Control and Prevention. ...
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