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Tuesday, October 4, 2016

GOLD UPDATES FOR OCT 5 2016

WEDNESDAY


TRADING LEVELS FOR MORNING SESSION



MCX GOLD


SUPPORT                  29872                    29700                29520



RES                          30240                        30440               30600



WAIT FOR CONFIRMATION



A stronger dollar led to Gold prices falling ard 2 %

Gold prices fell to a low of $ 1283.60 ,

Currently trading at $ 1276 .

Strong support now seen at $ 1270 and Res is seen a bit away at $ 1290 


In the MCX  Gold hit a low ard 29940 and a high of Rs 30900

\Currently support now seen at Rs 29950 


And Res at Rs 30240 levels 


We will update as and when any movement is seen 


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2 comments:

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  2. • Crude Oil December expiry is under-pressure, with a loss of over 3 percent at $ 43.54 a barrel.
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    Crude Intraday Tips

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