GOLD UPDATES FOR MARCH 10 2017

FRIDAY



TRADING LEVELS FOR MORNING SESSION



MCX GOLD




SUPPORT 1 28260




SUPPORT 2 28100



SUPPORT 3 27916



RESISTANCE 1 28626


RESISTANCE 2 28800



RESISTANCE 3 28988



WAIT FOR CONFIRMATION



Gold continued to move lower in yesterdays session .



Awaiting todays jobs report as well as FOMC Meeting next week



where traders are anticipating a rate hike .



International Gold trading well below the strong level of $ 1200




Currently trading at $ 1197




Immediate support seen at $ 1190




Resistance seen at $ 1211




In the Mcx currently trading at Rs 283315




Immediate support seen at Rs 28280



Resistance at Rs 28410




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