Outlook on Gold, Silver and Crude by Bhavik Patel of Tradebulls Securities

On MCX, next target for Gold comes around Rs 52,000 where it will see some pullback as it has rallied one way in relative short period of time

Gold bulls are in a rush to make all time high in COMEX. Gold is sustaining above $1850 and is very near to all time high of $1920. In all other currencies, gold is trading at all time high. In short term, prices are overbought so any short term or intra-day traders should wait for any meaningful correction before entering the market and investors with horizon of 2-3 years can buy from current levels too. In MCX, next target comes around Rs 52000 where gold will see some pullback as it has rallied one way in relative short period of