Gold Trading Strategy : “We expect spot gold prices to trade firm for the day with support at $1,925 per ounce and resistance at $1,975 per ounce in the international market.
Correspondingly, Gold MCX February futures have resistance at Rs 52,333 per 10 grams and support at Rs 50,900 per 10 grams,” said Patel, Senior Analyst (Commodities).