2025-01-07 04:21:27 pm | Source: JM Financial Services Ltd
Quote on Gold by Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd
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Below the Quote on Gold by Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd
"Gold is seen consolidating in a range but is likely to trade with a positive bias on safe-haven buying, as U.S. dollar index dips close to 108-level, while focus now remains in the U.S employment data due later in the week and also on Donald Trump's second term as U.S. President.
On chart's, momentum looks positive with support at 76500/ 76000, with upside potential seen till 78600/ 78800."
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