Gold is Melting Like Ice – Gold Low $1682 Mint Money – Rona Mana Hai Trade With Neal Bhai
YESTERDAY GOLD SELL CALL : Spot Gold Technical Outlook Sell Between $1712—$1714 Target $1682—$1672 – Neal Bhai Reports
Gold futures were trading lower in early trade on Friday, ahead of a highly awaited US jobs report as markets pinned hopes on economic recovery.
The yellow metal was down 0.66 per cent at Rs 46,390 per 10 gram in the morning trade. On the other hand, white metal silver traded 0.69 per cent lower at Rs 48,474 per 1 kg.
Bullion counter may trade with a bearish bias. Gold may test Rs 45,900 and facing resistance near Rs 46,900 while silver may test Rs 48,000 while facing resistance near Rs 49,300.
