GOLD UPDATES FOR FEB 10 2017

FRIDAY




TRADING LEVELS FOR EVENING SESSION



MCX GOLD



SUPPORT 1 28885



SUPPORT 2 28772



SUPPORT 3 28620



RESISTANCE 1 29133



RESISTANCE 2 29228





RESISTANCE 3 29357




WAIT FOR CONFIRMATION .



Gold corrected this morning on wake of a stronger dollar .


Tested low of $ 1222


But continued to trade above crucial support levels of $ 1218


Currently trading at $ 1227.75



Immediate support seen at $ 1220


And resistance at $ 1233




In the Mcx Currently trading at Rs 29009




Immediate resistance seen at Rs 29070



Support at Rs 28920



We will have to wait and see how the Us markets opens for further trend .





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