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MCX Gold-Silver Update today

Discussion in 'Equity Investment Discussions' started by samiya, Jul 30, 2015.

  1. samiya New Member

    Gold prices ended flat on Wednesday as markets digested the Federal Reserve's language for the timing of a now widely expected rate hike this year, with some speculation it could come as late as December or as early as September.

    Silver prices ended positive; however, upside was limited as the Dollar remains firm.

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  2. Gold Prices .CMP-24788 Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The Gold is now trading in highly oversold level. The Gold is now trading in highly oversold level. The oscillator is showing BUY signal For short term Gold is in HOLD SHORT position.Positionally Support for the Gold is 24639-.Resistance for the Gold is 24984-25473-26177-26510-26542-

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