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Weekly gold charts shows Gold Trading above 13,34,55 Weekly EMA which shows the strength of the trend.And likely to make newer high as plunging dollar boosting the Gold Prices to move higher. Buyers in gold are increasing as the economic fear catches investors. So avoid trading in equities as the amount of risk is getting higher in equities and try to profits in coming sessions or else try to stick to low risk equities
dear rajandran,your calls are simply great. rashmi