TUESDAY
MARKET UPDATE
Gold prices trading lower this morning after hitting a one month high
in the previous session .in the wake of a recovery in the equity
markets .
International gold currently trading lower at $ 1319
How ever Asian shares bounced back on Tuesday as US 10 year Treasury yields
edged higher .
The risk of a US economic global slow down still continues to lurk .
The Fed has put interest rates on hold whicj continues to be
positive for Gold .
Markets are also keenly watching the Sino US trade negotiations ..
Levels in International Gold
Support 1 $ 1315
Support 2 $ 1312
Support 3 $ 1309
Resistance 1 $ 1324
Resistance 2 $ 1327
Resistance 3 $ 1330
In the Mcx Currently trading at Rs 32145
Levels are as under
Support 1 32040
Support 2 31940
Support 3 31753
Resistance 1 32247
Resistance 2 32322
Resistance 332400
We will keep updating
MARKET UPDATE
Gold prices trading lower this morning after hitting a one month high
in the previous session .in the wake of a recovery in the equity
markets .
International gold currently trading lower at $ 1319
How ever Asian shares bounced back on Tuesday as US 10 year Treasury yields
edged higher .
The risk of a US economic global slow down still continues to lurk .
The Fed has put interest rates on hold whicj continues to be
positive for Gold .
Markets are also keenly watching the Sino US trade negotiations ..
Levels in International Gold
Support 1 $ 1315
Support 2 $ 1312
Support 3 $ 1309
Resistance 1 $ 1324
Resistance 2 $ 1327
Resistance 3 $ 1330
In the Mcx Currently trading at Rs 32145
Levels are as under
Support 1 32040
Support 2 31940
Support 3 31753
Resistance 1 32247
Resistance 2 32322
Resistance 332400
We will keep updating
No comments:
Post a Comment