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24-12-2024 04:57 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 trades steady in a holiday thin session with prices seen consolidating last week's fall but remained weighed by a stronger dollar in the overseas market. Also on chart prices are stuck between their long-term moving average i.e 50- and 100-day SMA.
In the session ahead, we expect prices move to remain range-bound with resistance at 76480/ 76700, while on the downside support holds at 76000/ 75450."
Above views are of the author and not of the website kindly read disclaimer
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