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Wednesday, January 4, 2017

GOLD UPDATES FOR JAN 5 2017

THURSDAY



TRADING LEVELS FOR MORNING SESSION




MCX GOLD




SUPPORT 27520 27370 27200




RES 27850 28020 28200



WAIT FOR CONFIRMATION



Yesterday In the Mcx Gold hit a high of Rs 27815


And a low of Rs 27657




Currently trading at $ 1174.65


Immediate Res seen at $ 1180


Support at $ 1169


Trading with a positive bias



Current support in the Mcx seen at 27790



Resistance seen at 28000 to 28100



Gold is holding on to its gains despite some hawkish tones from the minutes of the December


Federal Open Market Committee meeting.


Currently trading at Rs 27840



Will keep updating during the course of the day .


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