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Consider for this week…Buy on declines considering 37209 a nearest & 36974 a crucial support keeping stop loss of 36888. Upward side 37483-37518 a crucial resistance where again selling will be seen, keep stop loss of 37612 to your shorts. In better scenario crossover above 37612 fresh buying will take it up to 38042 & 38400. Downward side break below 36888 fresh selling will drag it down to 36666, 36475 & thereafter to 36320 & 36167.Click here to see Dharmesh Bhatt's all calls.
Now spot Gold, if break and close below $1504 then bigger correction can be seen in coming sessions. For today it will face resistance in the range of 38000-38100. On downside 37700 a support area., close below this then sharp downside can be seen in coming days.Click here to see Gold Commodities India's all calls.