GOLD UPDATES FOR MARCH 16 2018

FRIDAY 11.05 AM IST




MARKET UPDATE



Gold prices moved lower on Thursday following a



strengthening in the U S dollar


U S yield moved higher following a stronger than expected


import price report .


Gold in the international market opened higher initally around


$ 1324 and in the evening session tested support at $ 1314 .


This is a crucial support levels for Gold and prices could


recover from here


Supports are seen at $ 1312 / $  1302 and $ 1293


Resistances seen at $  1322 , $ 1330 and $1340



TODAYS TRADING LEVRLS IN THE MCX



In the Mcx currently trading at Rs 30240


Resistance seen at Rs 30260 / 30355 and 30470



Supports at Rs 30200/ 30190 and 30045



We will keep updating



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