MONDAY

MARKET UPDATE

Gold prices trading marginally higher  with the US Dollar 

weakening after  comments from FED Chairman in support 

of a gradual approach to raising rates .

Gold prices gained 1.7 % on Friday , its biggest one day 

percent change since March 17 2017 .

International Gold currently trading at $ 1206

Technicals  levels are as under

Support 1 $ 1200

Support 2 $ 1186

Support 3 $ 1186

Resistance 1 $ 1209

Resistance 2 $ 1218

Resistance 3 $ 1225

In the Mcx currently trading at Rs  29915

Technical levels are as under

Support 1 29830

Support 2 29710

Support 3 29660

Resistance 1 30000

Resistance 2 30110

Resistance 3 30230

We will keep updating .

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