Gold MCX Daily

GOLD MCX
TIME	TARGET	TREND	REVERSAL	TIME
Short term trend	30010	Up	29000	1-5 Days

*changes are marked highlighted in brown

Gold closed above both the averages, supports are 29248 and 29000  and target 30010. Wave iii up should continue. Being budget day if the gold duty is rolled back there could be some volatility in gold prices in India due to that, a downward reaction is possible on such a move but the trend should remain up.