MCX Gold Future Technicals: experts expects sideways to bearish move | All you need to know
International Gold futures to continue to trade mixed as there are still uncertainties of complete revival of economic activities and uneven economic reports across the globe with lockdown having to be re-imposed in Europe and the United States. Moreover, yellow metal prices could see selling from the upper side as Gold ETF investments have shown a slowdown with recoveries in the 10-year bond yields of the major economies such as the U.S., China, European Union, Japan and U.K.
Gold prices could also find capping on the higher side with decent recoveries in the global equity markets in the past few weeks and rising covid-19 vaccine hopes across the globe: Reuters