Commodity Gold Prices are likely to recover after day's sharp decline. On the upside 27850 would trigger a upward momentum in gold prices which may further take prices to 28000-28300 level. International Comex gold is trading on lower levels and hovering around $1740-50. Trading below 27600 may invite another downfall in Gold till 27400-27350.
Other precious metal Silver commodity can be sold below 62150 given that 62750 is not breached on upside.
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