GOLD UPDATES FOR FEB 7 2017

TUESDAY



TRADING LEVELS FOR THE MORNING SESSION




MCX GOLD



SUPPORT 1 29020



SUPPORT 2 28856



SUPPORT 3 28675



RESISTANCE 1 29389



RESISTANCE 2 29582




RESISTANCE 3 29783




WAIT FOR CONFIRMATION




International Gold currently trading at $ 1234.75



Immediate resistance seen at $ 1245



Supports at $ 1228





In the Mcx currently trading at Rs 29280



Resistance at Rs 29355




Supports at Rs 29200




For now upside seems limited to $ 1237 levels




In the Mcx stop loss for Sells would be above Rs 29350 .



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