Daily Bullion Market Alert

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Another range down washout in gold into and through patently supportive claims figures had to be discouraging to the bull camp, especially as that news was accompanied by somewhat disappointing US GDP results. With KC data just ahead of midsession showing weak data and gold remaining under pressure it seemed as if the bear camp had the edge and second and third tier data wasn’t going to alter sentiment.
For more info: visit http://www.rsbl.co.in/pdf/report.pdf
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