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Wednesday, April 18, 2018

GOLD UPDATES FOR APRIL 19 2018

THURSDAY


MARKET UPDATE


Gold prices have opened flat on Thursday as the dollar stayed 


firm .U S and China trade tension still lingers in the 


market .


The Federal Reserve reported on Wednesday that with


rising consumer spending and tighter labour market 


the U S economy remains on track .


International Gold currently trading at $ 1352 .


Resistance is seen at $ 1355


Supports are seen at $ 1347 , $ 1340 and $ 1330 .


In the Mcx currently trading at Rs 31543


Strong support seen at Rs 31400



And resistance at Rs 31600


Levels are as under


Support 1 31500


Support 2 31410


Support 3 31290


Resistance 1 31600


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