GOLD UPDATES FOR FEB 1 2017

WEDNESDAY



TRADING LEVELS FOR MORNING SESSION




MCX GOLD



SUPPORT 1 28641



SUPPORT 2 28498



SUPPORT 3 28339



RESISTANCE 1 28968



RESISTANCE 2 29140



RESISTANCE 3 29320



WAIT FOR CONFIRMATION ,



Gold rallied higher on a weaker dollar and safe haven buying and world stock jitters .



The world markets are still uneasy about the Us presidents move on ban on immigrants ,



Gold currently trading at $ 1210.45




Immediate resistance seen at $ 1220


Support at $ 1202



As long as $ 11200 to 1198 is not broken continues to be bullish .



Mcx Gold currently trading at Rs 28850



Resistance seen at Rs 28890 to 29000



Immediate support seen at Rs 28700



Overall trend remains bullish for now




we will keep updating in our blog .



We are now on Whats App



We are back with Renewed Enthusiasm and Vigour.



You can look forward to more regular updates from us .


If you have any technical queries


You can ask us on Whats app


And we will get back immediately


You can CONNECT WITH us on Whats app at


9840948540


Looking forward to CONNECTING with each one of you .


Go Ahead and ask us your queries on Whats app at



9840948540 .