GOLD UPDATES FOR JAN 23 2017

MONDAY




TUESDAY




TRADING LEVELS FOR EVENING SESSION



MCX GOLD




SUPPORT 1 28609



SUPPORT 2 28457



SUPPORT 3 28305




RESISTANCE 1 28901\



RESISTANCE 2 29023



RESISTANCE 3 29152



WAIT FOR CONFIRMATION


Gold opened higher this morning in the wake of a weaker dollar .



Moving in a range since morning



Between Rs 28881 and 28781



Currently trading at Rs 28770



Immediate resistance seen at Rs 28850



Support at Rs 28750



In dollar terms trading at $ 1212.85



Strong support at $ 1209



Resistance at $ 1220




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