accountAlthough gold prices have been declining in the international markets, but are trading steadily & with a positive bias on MCX, mainly due to Rupee’s depreciation against US Dollar. Long‐term support holds at 28,180 (200‐day SMA) & Resistance at 29450. On the indicators: 14‐week RSI is quoting above 50, it’s moving average and have reversed after taking support on the previous resistance...
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