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Thursday, February 9, 2017

GOLD UPDATES FOR FEB 9 2017

THURSDAY




TRADING LEVELS FOR EVENING SESSION




MCX GOLD



SUPPORT 1 29160



SUPPORT 2 29047




SUPPORT 3 28895




RESISTANCE 1 29408




RESISTANCE 2 29503



RESISTANCE 3 29632



WAIT FOR CONFIRMATION



Gold currently trading at $ 1240.05



Remains steady as long as $ 1230 is not broken .



Resistance remains at $ 1240



A hold and close above this could take prices to $ 1250



In the Mcx currently trading at Rs 29280



Immediate support seen at Rs





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