THURSDAY
TRADING LEVELS FOR MORNING SESSION
MCX SILVER
SUPPORT 1 28977
SUPPORT 2 28818
SUPPORT 3 28644
RESISTANCE 1 29325
RESISTANCE 2 29505
RESISTANCE 3 29692
WAIT FOR CONFIRMATION .
International Gold yesterday corrected a bit in the evening session when dollar
\
strengthened in the wake of Yellens statement that a rate hike in imminent .
Gold broke the support of $ 1220 and touched a low of $ 1217.50 before
moving higher ,
Currently trading at $ 1235.95
Immediate resistance seen at $ 1242
Support at $ 1222
In the Mcx currently trading above Rs 29226
Immediate resistance seen at Rs 29240 / 29300
Support seen at Rs 29180
Side ways to positive bias is seen .
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Got to know useful information on performance of gold here. Traders have to be careful while trading in precious metals and must learn about its movements timely. MCX Tips of market experts are also helpful in earning profitable returns .
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