The trend of Gold is bearish. Gold continue its bearish trend in this week too. Dollar index is getting stronger which is keeping pressure on the Gold prices. Although, the meeting between US president Donald Trump and China’s president Xi Jin Ping at G20 summit in Argentina to discuss their trade war, can support the gold prices in coming days only if the outcome of the meeting comes positive. In MCX, this week the Gold prices tumbles down by 255 points and ended at 30240 as compared to last week closing price of 30495. Sell on high strategy would be better to follow for next week.
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