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MTECHTIPS:-GOLD
Gold witnessed sideways session, as the commodity dipped after making a new high. Gold will witness strong resistance above 31450 levels any up move will open the resistance of 31600. On the other hand the commodity will find strong support at lower levels around 31200 and any decline now will open up levels of 31000 and lower. The current trend is weak and the commodity may consolidate at current levels and the we may witness some pull back from current levels.
Gold witnessed sideways session, as the commodity dipped after making a new high. Gold will witness strong resistance above 31450 levels any up move will open the resistance of 31600. On the other hand the commodity will find strong support at lower levels around 31200 and any decline now will open up levels of 31000 and lower. The current trend is weak and the commodity may consolidate at current levels and the we may witness some pull back from current levels.
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