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Commodities Weekly Technical Research Report 04 — 08 November 2019 – Gold Silver Reports
MCX Live Commodities Weekly Technical Live Research Report 04 — 08 November 2019 By Neal Bhai Reports (NBR) India, New Delhi
Gold Report Today : 100-day SMA Could Challenge Sellers Targeting July Top, $1520/1524 Area seems to Restrict Immediate Upside
With the recent trade/political headlines renewing risk aversion, Gold prices take a U-turn from a three-month-old ascending support line while taking the bids to $1,489 amid Wednesday’s Asian session.
Happy Dhanteras – MCX Gold Low 38215 — Silver Low 46110 Enjoy Gold Profit -316 Points Silver Profit 1000 Points
Dhanteras fails to light up gold demand, sales plummet 40%
Gold Profit — 316 Points
Silver Profit — 1000 Points
New Delhi/Mumbai: Mirroring slowdown in the economy, pre-Diwali Dhanteras sale of gold and silver dipped by as much as 40 per cent as high prices and lower consumer spending hit demand.