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Sunday, April 29, 2018

GOLD UPDATES FOR APRIL 30 2018

MONDAY


MARKET UPDATE


Gold has opened marginally lower as the US dollar 


steadied .


The U S 10 year yield fell by 3 basis points pulling 


back from a 4 year high on Wednesday .


The US economy slowed in the first quarter as Consumer 


spending grew its weakest in nearly 5 years ,


International Gold currently trading at $ 1321



Will find resistance at $ 1330 , $ 1336 and $ 1341


Supports are seen at $ 1315 , $ 1309 and $ 1302 .


In the Mcx currently trading at Rs 31095


Levels are as under


Support 1 31090


Support 2 30930


Support 3 30870


Resistance 1 31150


Resistance 2 31210


Resistance 3 31270


We will keep updating .



We Lotus Advisory Servicess provide advisory and trading 


calls in all commodities in the Mcx .


Personalised trading services are now being provided 


by Akshaya , the writer of this blog .


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