GOLD UPDATES FOR APRIL 3 2018

TUESDAY



Gold prices have opened lower this morning after gaining


more than 1 % in yesterdays session .


There was a sell off in the US Market after concerns of trade war


between U S And China supported Gold prices .


The Trump administration this week will unveil a list of


advanced technology Chinese technology Chinese imports


targeted for U S tariffs to punish Beijing over technology


transfer policies .This move will only escalate the trade tensions .


Now trading at $ 1338


Resistance seen at $ 1342 and $ 1354


Support is seen at $  1335 , $ 1328 and $ 1323


In the Mcx currently trading at Rs 30895


RESISTANCE 1 20950


RESISTANCE 2 31060


RESISTANCE 3 31160


SUPPORT 1 30800



SUPPORT 2 30690



SUPPORT 3 30500\



For now global factors are supportive of Gold prices ,



We will keep updating ,


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