GOLD UPDATES FOR FEB 7 2017

TUESDAY



TRADING LEVELS FOR THE EVENING SESSION




MCX GOLD



SUPPORT 1 29125



SUPPORT 2 29012



SUPPORT 3 28860



RESISTANCE 1 29373



RESISTANCE 2 29466




RESISTANCE 3 29597




WAIT FOR CONFIRMATION




International Gold currently trading at $ 1232.75



Immediate resistance seen at $ 1240



Supports at $ 1223





In the Mcx currently trading at Rs 29269



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 as advised in the morning .




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