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Sunday, August 9, 2015

GOLD UPDATES FOR AUG 9 2015

SUNDAY




WEEKLY UPDATE




Gold in international market last week taken strong supports at 1080$ and closed at 1093$, over all trend for the


commodity remains weak ,but for short term or for the week ahead we expect prices to take a u turn to hit


resistance at 1110$ with same supports , so for the week ahead we expect prices to bounce from current


levels with strong supports at 1080$ to test resistance at 1110$.



Weekly Call :



Buy International gold between 1090 $ - 1094$



with SL below 1080



for target 1110$.




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