TUESDAY 10,45 AM IST
MARKET UPDATE
Markets are awaiting Bank of Japan policy decision .
Us Fed 2 day policy meeting also concludes today .
Gold is trading in a narrow range with a mild negative bias .
Bank of England is expected to consider changes to its massive
stimulus programme .
The strength of the yen against the dollar is based on the outcome .
US Central bank has aslo signalled 2 more rate hikes this year .
The Bank of England will also be concluding its meeting on
Thursday .
US Markets closed lower after there was a rout in global
technological shares .
International Gold currently trading at $ 1222
Supports are seen at $ 1215 , $ 1209 and $ 1200
Resistance seen at $ 1231 , $ 1236 and $ 1245
In the Mcx Oct Gold currently trading at Rs 29900
Levels are as under
Support 29850
Resistance 1 29950
Resistance 2 30000
Resistance 3 30060
We will keep updating
MARKET UPDATE
Markets are awaiting Bank of Japan policy decision .
Us Fed 2 day policy meeting also concludes today .
Gold is trading in a narrow range with a mild negative bias .
Bank of England is expected to consider changes to its massive
stimulus programme .
The strength of the yen against the dollar is based on the outcome .
US Central bank has aslo signalled 2 more rate hikes this year .
The Bank of England will also be concluding its meeting on
Thursday .
US Markets closed lower after there was a rout in global
technological shares .
International Gold currently trading at $ 1222
Supports are seen at $ 1215 , $ 1209 and $ 1200
Resistance seen at $ 1231 , $ 1236 and $ 1245
In the Mcx Oct Gold currently trading at Rs 29900
Levels are as under
Support 29850
Resistance 1 29950
Resistance 2 30000
Resistance 3 30060
We will keep updating
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