On analysis of the movements of Gold futures in different time frames, I find that the Gold futures look ready to remain on an uptrend till June 27, when the United States and China will try to make one more attempt to resolve tariff trade war tussle in Japan on June 28-29. No doubt that the growing concern over the success of the upcoming meet looks evident enough to extend bearish pressure in global equity markets; which may further result in good steady moves in Gold futures. I find that Gold futures may take a steep upward move before the weekly closing.
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