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Thursday, August 3, 2017

GOLD UPDATES FOR AUG 4 2017

FRIDAY



MARKET LEVELS TO WATCH OUT FOR



Gold prices trading mild negative ahead of Non Farm Pay Roll


data expected this evening .



Gold prices continues to remain near the 7 month high prices .



Investors are watching the pay roll data as to the state of the US Economy



and whether the FED will go ahead and increase rates .




Currently trading at $ 1267.30



Immediate resistance seen at $  1274 / 1282 and 1295



Support is seen at $  1265 / 1257 / 1251



In the Mcx Currently trading at Rs 28550



Yesterday high was Rs 28593



Low Rs 28365



LEVELS ARE AS UNDER



SUPPORT 1 28460



SUPPORT 2 28375




SUPPORT 3 28270



RESISTANCE 1  28600



RESISTANCE 28720



RESISTANCE 3 28800




We will keep updating








2 comments:

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  2. Gold comes under highly price volatile commodity. To earn good returns by trading in it traders must learn all related updates timely. Financial advisory services like commodity tips can also be considered for improving returns.

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