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Monday, October 3, 2016

GOLD UPDATES FOR OCT 4 2016

TUESDAY


TRADING LEVELS FOR MORNING SESSION


MCX GOLD


SUPPORT               30720                  30600          30450



RES                        31020                   31180             31320



WAIT FOR CONFIRMATION


Gold prices ended the U.S. day session modestly lower Monday.

Gold hit a  low of $ 1309 and a high of ard $ 1319.50 yesterday.


In the Mcx It hit a low of ard 30830 and a high of 31020 .

Currently having strong support at $ 1310


U.S. economic data released Monday include the U.S. manufacturing

 PMI, construction spending, and the ISM manufacturing report on business.


 This data was a mixed bag and had little impact on the precious 

metals markets .

We will update levels as and when movements are seen .


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3 comments:

  1. Stocks keep on fluctuating on daily basis. Traders have to keep track of such swings and invest better in the stock market by using accurate MCX Tips.

    ReplyDelete
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