Gold Trading Zone Between 28280—28710

GOLD SEES MILD SELLING AHEAD OF FED SPEAKERS — Gold Silver Reports

Gold Silver Reports — Technically Gold market is getting support at 28280 and below same could see a test of 28058 levels, and resistance is now likely to be seen at 28688, a move above could see prices testing 28810.

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Gold Slips A Little Ahead Of Weekend

Gold Silver Reports — Gold slipped a bit as about two month highs triggered some profit selling. However, the recent recovery has enthused Gold bulls and a further uptick from hereon is quite possible. Indian imports are also rebounding, helping lift the sentiments. COMEX Gold is currently down 0.26% at $1247 per ounce. MCX Gold futures backed off from highs near Rs 28950 per 10 gram levels and ended down 0.30% at Rs 28800 levels. Further losses are possible if the counter drags under Rs 28700 mark today.

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