GOLD UPDATES FOR APRIL 12 2018

THURSDAY 



MARKET UPDATE


Gold prices have eased off multi highs on Thursday 


after minutes from the Fed raised expectations of further


rate hikes .

Gold rose to $ 1365 due to escalating tensions in Syria .


U S President Donald Trump warned Russia of 


immediate  military action in Syria over a suspected 


poison gas attack .


International Gold currently trading at $ 1349
Immediate resistance seen at $ 1355 , $ 1366 and $ 1380


Supports are seen at $ 1342 , $ 1331 and $ 1320


In the Mcx currently trading at Rs 31273


Levels are as under


Support 1  31230\


Support 2 31110


Support 3 30930


Resistance 1 31400


resistance 2 31530


Resistance 3 31650

We will keep updating .



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