We are now on face book . Dear viewers we request you to like our page and if any queries you cld ask us there . we will get back .

Monday, July 30, 2018

GOLD UPDATES FOR JULY 31 2018

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 


1 comment:


  1. Are you Willing to Earn from more Daily Income?

    Invest your Money in Sharemarket and get Benefits every day

    Contact Us and We Will Tell You how you can Earn Daily

    MCX Commodity Tips free

    ReplyDelete