GOLD UPDATES FOR MARCH 6 2017

MONDAY



TRADING LEVELS FOR THE WEEK




MCX GOLD



SUPPORT 1 28563



SUPPORT 2 28084



SUPPORT 3 27608



RESISTANCE 1 29426



RESISTANCE 2 29919



RESISTANCE 3 30400




WAIT FOR CONFIRMATION .



Gold prices under pressure with threat of a rate hike in the next 2 weeks .


International Gold currently trading at $ 1233



Resistance now seen at $ 1240



Support at $ 1226



In the Mcx currently trading at Rs 29140




Immediate resistance seen at Rs 29210




Strong support at Rs 29010




Next down side only on a break below Rs 29000




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