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Sunday, September 18, 2016

GOLD UPDATES FOR SEPT 18 2016

SUNDAY


WEEKLY UPDATE



Gold in international market last week dropped straight from



 1330$ to test a low of 1305$ and closed at 1310$,



 trend for the commodity remains bearish and we expect prices



 to correct further up to 1260$ in the days to come with strong


resistance above 1325$, sell gold only below supports is advisable.



Weekly Call :



Sell Gold only below 1303$ (CMP 1309)



 and add further on rises up to 1308$



 with SL above 1325$



 for targets 1280 – 1270 – 1264.(Positional)



                 
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