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SELL CRUDEOIL (DEC.) BELOW 5814 TG-5799/5779/5754 SL-5840
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Gold Buy 26850 Tgt 26950 TGT2 27100 TGT3 27300 SL 25800
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ALUMINIUM (28 AUG.) TREND: CONSOLIDATE
RES 1: 124.50
RES 2: 125.50
SUPP 1: 122.50
SUPP 2: 121.50
STRATEGY: SELL ON HIGH
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Dollar weakness typically benefits for gold, as it increases the metal's appeal as an option asset and the makes dollar priced commodity products cheaper for the holders of another type of currencies. The gold showed the bullish movement and set up the significant resistance height of 28620. Now, if it will close the above the significant resistance, height of 28650 then the 29000 will perform as after that resistance level. On the further hand 28300 will perform as a chief support level.
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I-DAY BAZOOKA OPTION BUY HINDUNILVR 1780 CALL ABOVE 21 TARGET 26-32 SL 16
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The Gold held steady on this Thursday, hovering close to the input psychological stage of $1,500, supported by the uncertainties approximately Sino-United State trade war and a fear of interest rate cuts by worldwide central banks among fears of a financial slowdown. Free MCX Tips
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