Gold Traded with a Flat to Positive Bias
- By Advisorymandi |
- Jun 11, 2018
- Last Updated at 10:26 IST
Bullions: COMEX Gold prices traded with a flat to positive bias and surged to the high of $1305.40. If it keeps going with the same momentum, there is the possibility of its reaching the level of $1310. However, if it fails to do so, and end up below the level of $1301 then bears will again take the prices down.
Energy: NYMEX Crude prices traded with positive bias and surged to the level of $65.68, breaking its crucial resistance level of $65.50. However, the bullish sentiment will only reinforce after oil prices break the level of $66.50, with sustainability.
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OPINION POLL
Will Gold sustain above Rs. 34,000 till expiry?
- Yes
- No
