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Wednesday, August 23, 2017 10:54 PM

Technical Analysis

CRUDE OIL TECHNICAL COMMENT FOR THE DAY

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Money Market Guru — Crude Oil gained marginally to close the day at Rs 3191 per barrel, up Rs 13. The price tested a high of Rs 3245 per barrel and a low of Rs 3172 per barrel. On the lower side, Rs 3100 per barrel is the support. On the higher side, Rs 3280 per barrel.

Bullion Take-Down, 2017 Gold and Silver Upside Surprise Dead Ahead

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Gold Silver Reports — Bullion Take-Down, 2017 Gold and Silver Upside Surprise Dead Ahead — 👨 The price of gold and silver have followed a very similar trading path that was taken by the metals in early 2016, with gold and silver bottoming in mid-December and staging a strong rally through mid-January.  Technically, as our Shadow of Truth guest Craig “Turd Ferguson” Hemke point s out, all of the stars were aligned for a take-down of the gold price using paper derivative gold.

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