WEEKLY GOLD CHART
For the day gold futures are expected to continue its range bound trend with negative
bias. There are major ETF holdings are happening as of now as investors are taking cautious approach ahead of non-farm payroll data and US FOMC meeting on 17th Sep 2015. Among the economic releases, we have ADP employment change, nonfarm productivity and factory orders, which are likely to have mixed impact on the market. Overall, gold is expected to remain in range. As on Wednesday morning, comex gold futures are trading on a flat note at $1138.40 per ounce.
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