THURSDAY 10.30 AM IST
MORNING MARKET UPDATE
Gold has given up much of what it gained over night .
Yesterday it was Golds day all the way .
It rallied higher in yesterdays morning trade , hitting a high
of $ 1338 .It could not break the crucial resistance of $ 1350 .
There was a statement from White House that they were not
planning any more big trade initiative against China .
Instead the administration will focus on implementing
moves that have already been announced .
Easing of trade tension between US and China
are not going to be supportive for gold prices ,
In the MCX also Gold has opened more than half a percent
lower . Currently trading around Rs 30688
LEVELS ARE AS UNDER
SUPPORT 1 30590
SUPPORT 2 30480
SUPPORT 3 30355
RESISTANCE 1 30710
RESISTANCE 2 30775
RESISTANCE 3 30880
For now prices are under pressure .
We will keep updating .
We would like to share with our viewers that we have
introduced several packages to suit each one of you ,
We have also created a FACE BOOK GROUP to clear all
your technical queries
CLICK ON THE LINK BELOW TO JOIN THE GROUP
CLICK HERE
We are also available on Whats app
You can ask in your technical queries there also ,
You can CHAT with us on Whats app at
9840948540
MORNING MARKET UPDATE
Gold has given up much of what it gained over night .
Yesterday it was Golds day all the way .
It rallied higher in yesterdays morning trade , hitting a high
of $ 1338 .It could not break the crucial resistance of $ 1350 .
There was a statement from White House that they were not
planning any more big trade initiative against China .
Instead the administration will focus on implementing
moves that have already been announced .
Easing of trade tension between US and China
are not going to be supportive for gold prices ,
In the MCX also Gold has opened more than half a percent
lower . Currently trading around Rs 30688
LEVELS ARE AS UNDER
SUPPORT 1 30590
SUPPORT 2 30480
SUPPORT 3 30355
RESISTANCE 1 30710
RESISTANCE 2 30775
RESISTANCE 3 30880
For now prices are under pressure .
We will keep updating .
We would like to share with our viewers that we have
introduced several packages to suit each one of you ,
We have also created a FACE BOOK GROUP to clear all
your technical queries
CLICK ON THE LINK BELOW TO JOIN THE GROUP
CLICK HERE
We are also available on Whats app
You can ask in your technical queries there also ,
You can CHAT with us on Whats app at
9840948540
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