Free Commodity Tips:
Bullion prices slipped to fresh 7 week lows, as the dollar steadied, making the current decline as the longest losing streak since November. The fears of imminent interest rate hike in the US have put gold in a downward spree. Gold prices slipped towards $1223/ounce in early session today, while the dollar edged higher towards 95.67.
Contract:
Jun’16
“Sell at 29390-29400 TP 29150 SL 29510 “
Support-1
29193
Support-2
29094
Resistance-1
29497
Resistance-2
29671
Contract:
Jul’16
“Trading range 39200-39700 ”
Support-1
39213
Support-2
39099
Resistance-1
39552
Resistance-2
39743
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