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Monday, October 17, 2016

GOLD UPDATES FOR OCT 18 2016

TUESDAY



TRADING LEVELS FOR MORNING SESSION


MCX GOLD


SUPPORT                         29550                   29400                  29240


RESISTANCE                   29892                   30080                  30250


WAIT FOR CONFIRMATION .


In the Mcx Yesterday Gold hit a high of Rs  29730


And a low of Rs 29600 .


Gold prices held steady on Tuesday as the U.S. dollar weakened.


In the Mcx currently trading at Rs 29740


Immediate Resostance seen at Rs 29800


And supports at Rs 29700 


We will update as and  when any movement is seen .


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3 comments:

  1. - LME Copper to Stay Range-Bound Trading.
    - Brent, NYMEX gain in Asia ahead of API figures, China data awaited.
    - Gold mostly steady in Asia as Fischer comments on rate outlook noted.
    CapitalStars

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