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MCX Gold trend remains bullish, traders must wait for Rs 51500-51600 levels before taking long position

By Bhavik Patel Gold prices initially rallied after US CPI came lower than expected but the joy for bulls was short lived as prices corrected from $1807 to $1784. Gold prices again hit four week high and managed to breach the $1800 level but could not sustain it. The U.S. consumer price index report for …

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