GOLD UPDATES FOR APRIL 17 2018

TUESDAY


MARKET UPDATE


Gold has opened mildly lower  but continue to remain


supported by worries over U S - China trade tensions .


Spot gold has opened around $ 1345 .


Traders are bracing for a meeting between President Trump


and Japanese Prime minister .


The likelihood that there will be no military escalation in 


Syria has dented the Golds appeal .


International gold  will find support at $ 1340 , $ 1333 and $ 1322


Resistance is seen at $ 1352 , $ 1360 and $ 1367 .

In the Mcx currently trading at Rs 31280


Levels are as under


Support 1 31200


Support 2 31090


Support 3 30965


Resistance 1 31360


Resistance 2 31430


Resistance 3 31560

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