GOLD UPDATES FOR FEB 6 2017

MONDAY



TRADING LEVELS FOR THE EVENING SESSION




MCX GOLD



SUPPORT 1 28945



SUPPORT 2 28832



SUPPORT 3 28680



RESISTANCE 1 29190



RESISTANCE 2 29280




RESISTANCE 3 29417




WAIT FOR CONFIRMATION




Gold prices rose in the morning session hitting a 12 week high




Current High Rs 29086




International Gold currently trading at $ 1227.85



Immediate resistance seen at $ 1232



Supports at $ 1212





In the Mcx currently trading at Rs 29073



Resistance at Rs 29100




Supports at Rs 28810


Overall trend for now remains positive



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