EPIC RESEARCH MCX GOLD UPDATE OF 27 DECEMBER 2016

Gold trading range for the day is 26855-27159. Gold traded in the very tight range as volumes were thin as traders prepared for a long weekend. Bullion sentiments slightly improved as the dollar retreated from this week's 14-year high. Some buyers were tempted to take advantage of prices near a 10-month low after six weeks of decline.

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