JUNE 8 WEDNESDAY
SHORT TERM TREND : SIDEWAYS: TARGET RS 23740 TO 24680
LONG TERM TREND : BULLISH : TARGET RS 26800
S1 RS 23820, S2 RS 23640, S3 RS 23360
R1 RS 24220, R2 RS 24460, R3 RS 24620
MARKET IS EXPECTED TO MOVE SIDEWAYS
The dollar fell for a second straight day against the
euro on signs the Federal Reserve may keep
interest rates steady. Gold reached a record
$1,033.90 an ounce on March 17 as the euro,
crude oil and grains climbed to all-time highs
this year.
Silver futures for July delivery fell 5.7 cents, or
0.3 percent, to $17.175 an ounce. Before today, the
price advanced 16 percent this year, while gold
climbed 5.8 percent.
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