Tuesday 28 June 2016

#‎AOJQuote‬ of the day 28th June 2016

“Gold needs to test the $ 1,260 level before it goes up beyond $ 1,332. There will be heavy selling beyond $ 1,332 with poor demand in Asian countries like India. It cannot sustain a level beyond $1,360 on speculative buying. The technical level however has to turn favourable.”

Surendra Mehta, Secretary, IBJA

 

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