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Domestic bullion metals are trading congruently with both Gold and
Silver are trading up by 0.28% and 0.26% respectively. The market is
likely to negate the expert's expectations that the trend would
remain bullish for precious metals. A consolidated trend with
slightly positive trend is expected to remain with Gold and Silver
commodities.
Technical charts suggests the immediate resistance for Silver near
55350-55500 level while it is facing support at 54850. A breach in either side would decide the trend accordingly. In mcxgold one can
go for buy on decline strategy.
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