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HomeBusinessGold may fall down to 1828.05

Gold may fall down to 1828.05

Expect volatility continues till tomorrow due to option expiry, in today’s session

Selling pressure may be seen either 1851.67/1853.59 or 1856.27/1857.76.

One can go short at these levels with stop above 1860.37, downside our expectation would be 1836.22/1828.05.

Upside reversal at 1828.05 may be seen, but have eye on today’s close as if able to close above 1843.31 then hold long position. Unable to closes above this level then 1805 will be ideal target, which I mentioned in previous article, ‘’The Battle continues at 1868.95’’.

Conclusion: [email protected] add more 1856.27 stop 1858.85 T 1836.22/1828.05     

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