Gold prices are expected to have resistance at $1289 i.e. Rs.27900 and selling pressure can be seen there. On lower side prices can test $1277 i.e. Rs.27700 and $1273 i.e. Rs.27620. Prices should not move above $1296 i.e. Rs.28050 to maintain negative outlook for the day.
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ZOID RESEARCH 28-AUGUST-2014 : GOLD

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