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Tuesday, March 1, 2016

GOLD UPDATES FOR MARCH 2 2016

WEDNESDAY




TRADING LEVELS FOR MORNING SESSION




MCX GOLD




SUPPORT 29070 28897 28720




RES 29420 29640 29840




WAIT FOR CONFIRMATION




Internatuonal Gold currently trading at $ 1228



In the MCX Gold hit a high of around Rs 29828 levels



In dollar terms strng resistance seen at $ 1240



Support at $ 1235 and 1230 levels



In the MCX Currently very strong support seen now at 29000



Next weakness will be seen only below that



Else could retest Rs 29200 /29350 levels



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