GOLD UPDATES FOR APRIL 10 2018

TUESDAY 



MARKET UPDATE


Gold has opened mildly lower in Tuesdays morning trade


after Chinese President Xi  Jinping promised to lower 


import tariffs And reduced market fears of an escalating


trade war between U S and China ,


The Chinese President promised to open the economy further ,


Concerns over reports of a poison gas attack in Syria is 


providing support for Gold prices as it is seen as a safe 


haven during geo political tensions .


In yesterdays trade Spot gold hit a low of $ 1330.40 


But did not break these crucial levels ,


In the Mcx Low came around Rs 30640


And High 30740


International gold currently trading at $  1334


Resistance seen at $ 1342 , $ 1348 and $ 1356


Support seen at $ 1324 , $ 1320 and $ 1309


In the Mcx currently trading at Rs 30710


LEVELS ARE AS UNDER


SUPPORT 1   30640\


support 2 30525


support 3 30375


RESISTANCE 1 30800


RESISTANCE 2 30930


RESISTANCE 3 31120

We will keep updating .



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