MCX Gold Intraday Chart
MCX Gold Crashed nearly Rs1000/ 10 grams from the high. MCX Gold April Contract had crashed more than 3% and MCX silver had crashed more than 5%. Its the biggest one-day drop in 2-1/2 months, as a dollar rally following U.S. Federal Reserve Chairman Ben Bernanke’s comment on an encouraging job recovery prompted funds to heavily unwind bullish bets.
Related Readings and Observations
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Raj please confirm what will be the link to extract intraday Banknifty data for 5 days 30 mins?
@Sandy
Mailed You check it out
Rajandran, do you have any views on trading delta neutral strategies on gold? With this volatility perhaps it makes sense to put on a straddle on gold? Whether gold goes up or down, volatility is likely to expand here.
dear rajandran,any indications of gold being a buy here at 1721