MCX GOLD FUTURE: Trading at its Moving ave zone

GOLD FUTURE: Close above 70,000 Likely to trigger a rally towards 70500 + whereas its 200DEMA at 67400 likely to act as a major support.All its DEMA s lie at around 70,000/70500/71000.
verdict: close above 70,000 upward rally is likely to continue
close below 69400-500 its 200 DEMA Support sharp fall is on the cards towards 65000.
trade with levels and pl do not judge or speculate(For educational purpose only)