TUESDAY
TRADING LEVELS FOR THE MORNING SESSION
MCX GOLD
SUPPORT 1 28453
SUPPORT 2 28284
SUPPORT 3 28100
RESISTANCE 1 28808
RESISTANCE 2 28985
RESISTANCE 3 29169
WAIT FOR CONFIRMATION .
Gold prices have traded lower for the last 6 consecutive trading sessions .
This is in anticipation of a potential intrest rate hike later this month .
International gold currently trading at $ 1217.25
Immediate support seen at $ 1210
Resistrance at $ 1225
In the Mcx currently trading at Rs 28750
Immediate ressistance seen at Rs 28650
Resistance seen at Rs 28900
Overall trend remains bearish
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