GOLD UPDATES FOR FEB 21 2017

TUESDAY



TRADING LEVELS FOR EVENING SESSION



MCX GOLD



SUPPORT 1 29018



SUPPORT 2 28875



SUPPORT 3 28723



RESISTANCE 1 29289



RESISTANCE 2 29410



RESISTANCE 3 29569




WAIT FOR CONFIRMATION .




Gold prices traded lower in the morning session in the wake of a




stronger dollar and threat of rate hike looming large .



International gold hit a low of $ 1228.50



Currently trading at $ 1231



Immediate resistance seen at $ 1238



And supports at $ 1220



In the Mcx currently trading at Rs 29150




Immediate resistance seen at Rs 29200


Support at Rs 29050


Could see further correction .






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