1. Gold Update:

Prices are trading lower at $1572, down by -19.5 dollars. Support at $1576 has been breached and heading towards $1564 levels.

At MCX immediate support is seen at 29160 levels. Break below the same it is likely to extend its drop until 29100/29030 levels. Intraday key resistance level to watch for intraday is at 29320 levels which is likely to hold downside view. CMP 29212

@ 17.07.12 , 08:10 PM

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