GOLD MADE SMART RECOVERY IN COMEX BUT IN MCX ITS LAGGING DUE TO RUPEE FACTOR. IMP RES IN COMEX AT 1608-1612 LVL. GOOD STRONG SELLING ZONE N RESISTENCE. HOLD ABV THIS LVL ON HOURLY BASIS CAN SEE SOME FURTHER UP MOVE ELSE CAN SEE COOL OFF FROM HERE. BUT EYEING BOE AND ECB RATE CUT DUE ON 5TH JULY METAL LOOKS STRONG FOR THE WEEK ATLEAST IN COMEX 4 NOW. MCX SELLING AT HIGHER LVL WILL BE SAFE 4 THE DAY.
GOLD COMEX INTRA TRADING RANGE 1582-1612 BIAS WEAK AT HIGHER LVL. CAN TAKE LONG IN COMEX NEAR SUPPORT LVL.
GOLD MCX INTRA TRDING RANGE 29444-29922 EITHER SIDE BREAK MORE DIRECTION.
GOLD SPDR HOLDINGS STANDS AT 1279.51 FLAT .
GOLD LBMA FIXES AT 1592 DOWN BY USD 6.
RUPEE TRADING RANGE 55-56.12 EITHER SIDE BREAK MORE TREND. WE ARE SEEING VERTICLE RECOVERY IN RUPEE. CAUTIOUS OF SHORT IN USD INR AT LOWER LVL SUGGESTED. ANY CLOSE BLW 54.26 LVL WE WILL SEE TREND REVERSAL 4 NOW. ELSE CAN SEE RECOVERY FROM THIS LVL. for more please visit www. commotrendz.com
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