Gold - July 24, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

Commodities	\| More
Gold - July 24, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities
Posted On: 2020-07-24 22:39:31 (Time Zone: Arizona, USA)

Gold prices traded up with COMEX spot gold prices gained above $1890 on Friday. Gold prices at MCX for August contract were trading up by Rs.146 to Rs. 50846 with recovery in global prices. Gold prices regained momentum after pausing near $1887 on Thursday. Gold prices traded up political tension between the US and China. China ordered the United States to close its consulate in the city of Chengdu on Friday, responding to a U.S. demand this week that China close its Houston consulate. The weaker dollar index and disappointed US Jobless claims data gold prices to trade higher. We expect gold prices to trade up with resistance at $1920 and support at $1885. MCX Gold August has important resistance at Rs. 50680, support at Rs. 51200.
Source: Equity Bulls
Click here to send ur comments or to feedback@equitybulls.com

Other Headlines: Crude Oil - Jan 22, 2021 - Reliance Securities Silver - Jan 22, 2021 - Reliance Securities Gold - Jan 22, 2021 - Reliance Securities Copper - Jan 21, 2021 - Reliance Securities Crude Oil - Jan 21, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Gold - Jan 21, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Crude Oil - Jan 21, 2021 - Reliance Securities Silver - Jan 21, 2021 - Reliance Securities Gold - Jan 21, 2021 - Reliance Securities Copper - Jan 20, 2021 - Reliance Securities Crude Oil - Jan 20, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Gold - Jan 20, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Silver - Jan 20, 2021 - Reliance Securities Gold - Jan 20, 2021 - Reliance Securities Crude Oil - Jan 20, 2021 - Reliance Securities Crude Oil - Jan 19, 2021 - Reliance Securities Gold - Jan 19, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Crude Oil - Jan 19, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Silver - Jan 19, 2021 - Reliance Securities Gold - Jan 19, 2021 - Reliance Securities Crude Oil - Jan 18, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Gold - Jan 18, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Base Metals - Jan 18, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Crude Oil - Jan 18, 2021 - Reliance Securities Silver - Jan 18, 2021 - Reliance Securities Gold - Jan 18, 2021 - Reliance Securities Copper - Jan 15, 2021 - Reliance Securities Crude Oil - Jan 15, 2021 - Reliance Securities Crude Oil - Jan 15, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Gold - Jan 15, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Silver - Jan 15, 2021 - Reliance Securities Gold - Jan 15, 2021 - Reliance Securities Copper - Jan 5, 2021 - Reliance Securities Crude Oil - Jan 14, 2021 - Reliance Securities Silver - Jan 14, 2021 - Reliance Securities Gold - Jan 14, 2021 - Reliance Securities Crude Oil - Jan 14, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Gold - Jan 14, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Crude Oil - Jan 13, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Gold - Jan 13, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Crude Oil - Jan 13, 2021 - Reliance Securities Silver - Jan 13, 2021 - Reliance Securities Gold - Jan 13, 2021 - Reliance Securities~ Base Metals - Jan 11, 2021 - Mr. Tapan Patel- Senior Analyst (Commodities), HDFC Securities Crude Oil - Jan 11, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Gold - Jan 11, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Crude Oil - Jan 11, 2021 - Reliance Securities Silver - Jan 11, 2021 - Reliance Securities Gold - Jan 11, 2021 - Reliance Securities Views on Copper - Jan 11, 2021 - Reliance Securities