Gold ended positive as investors bet that prices will continue to rise amid an uncertain economic recovery and the chance of further easing of U.S. monetary policy. Gold benefited from lackluster economic data after reports showed new U.S. claims for jobless benefits rose unexpectedly last week, and as Ireland's economy shrank 1.2 percent in the second quarter. Now support for the gold MCX is seen at 19150 and below could see a test of 19111. Resistance is now likely to be seen at 19237, a move above could see prices testing 19285.

Trading Ideas:

Gold trading range is 19111-19285.

Gold ended positive as investors bet that prices will continue to rise

On MCX gold looks to take support at 19150 and resistance at 19240 level

Spdr gold trust holdings fell by 2.74 tonnes to 1301.43 tonnes