AUG 6 WEDNESDAY
SHORT TERM TREND : BEARISH : TARGET RS 22800
LONG TERM TREND : BULLISH : TARGET RS 29000
S1 RS 23230, S2 RS 23000, S3 RS 22840
R1 RS 23530, R2 RS 24720, R3 RS 24930
PREFER SHORT AT RS 23510 TO 23530
STOP LOSS RS 24720
TARGET RS 23230.
September silver fell by 56.8 cents, or 3.3%, to close at $16.572 an ounce.
Gold futures fell more than $21 an ounce on Tuesday, tallying a
three-session losing streak of more than $36 an ounce as
prices sank to their lowest levels since mid June.
Gold prices moved higher in electronic trading on Globex
immediately after the U.S. Federal Reserve kept interest
rates unchanged at 2%, then moved lower again. The Fed
gave no sign that it plans to change policy in the foreseeable
future.
The Fed made its announcement at about 2:15 p.m. EDT --
after regular trading on the New York Mercantile Exchange
closed.
The dollar index a measure of the greenback against a trade-
weighted currency basket, was at 73.92, compared with 73.485
in late North American trading Monday.
Weakness in oil helped fuel the dollar's strength. Crude for
September delivery fell $2.24 to close at $119.17 per barrel
on Globex.
2 comments:
hello sir iwant report of aug 7 plz send me
Sorry for the delayed response.
Woiuld answer all clarification immedietly henceforth.
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