After several weeks the dollar has returned to strength, which is causing pressure on gold. At the moment, the gold on the comex is showing a weakness of 0.47 percent and below $ 1340. At the same time, silver is seen above $ 17 with a slight increase of 0.08 percent. Crude oil is also showing weakness in the international market and Nymax crude is trading around $ 65, while Brent Crude has slipped below $ 70 with a weakness of 0.3%.
Gold MCX (February futures): Buy - 29950, StopLoss - 29880, Target - 30080
Crude oil MCX (February futures): Buy - 4160, Stoplaus - 4130, Target - 422
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