we expect precious metals and base metals to trade on a positive note on the back of rise in risk appetite in the global markets coupled with weakness in the DX. However, rise in the LME inventories of base metals might cap sharp gains in today’s session. Gold and closed below 1 week low with volume signals down breakoutCurrently Gold is in HOLD SHORT position The Gold is in downtrend For short term buy only if close above 29653.0 The oscillator is showing SELL signal...
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