Commodity Call: Key levels for Gold on November 7

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The MCX Gold December futures seem to be taking support around Rs 29,500-odd levels. Aggressive traders may look at opportunities to buy Gold on dips in the near term, but with a strict stop at Rs 29,500-odd levels. Select key momentum oscillators like the 14-day RSI and the ADX index have given a positive divergence. However, the Stochastic Slow remains in favour of the bears on the daily charts. http://commoditytips.org.in/2013/11/commodity-call-key-levels-for-gold-on-november-7/