According to Sushil Finance, We expect gold prices to trade positive on the back of short covering after sharp drop in prices.
Sushil Finance report on Gold
Gold rose on Friday and was on course for its first weekly gain in three as the U.S. Federal Reserve's cautious message on interest rates left the dollar around five-week lows, making bullion cheaper those holding other currencies.
We expect gold prices to trade positive on the back of short covering after sharp drop in prices.
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