Technical Reports on Gold for short term

Currently Gold is trading around $ 1336 and it is facing around resistance at
$1345- $1350 USD.

So Once it cross this resistance level then some more upward will be seen till $1380 USD.

As Festive seasons is coming in India MCX Gold will chance to go uptrend from current level of 28900.
Due to rupee depreciation Gold has less chance to see down side in near term but once international Gold level breaks $ 1300 USD chance of MCX gold to coming around 27000 and below.

So Instead of investing in Gold at current level wait for some more down side to create fresh buying position for better return.