Market Update

Market Watch

Wednesday, 20 February 2013

Gold Support and Resistance Levels Today

Gold futures for April delivery fell 0.3 percent to settle at $1,604.20 an ounce on the Comex in New York. Prices touched $1,596.70 on Feb. 15, the lowest level since Aug. 15.Silver futures for March delivery tumbled 1.4 percent to $29.422 an ounce in New York, after touching $29.175, the least since Aug. 21.
  • Gold Support and Resistance Levels Today:
Trend : Consolidate
Strategy : Sell on high
Resistance :                        
R2 - 30580 :                          
R1 – 30250:                          
Support :
S1 - 29830  
S2 - 29550    
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