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(fxcue news) - Indian shares struggled for direction in early trade on Friday as investors awaited cues from U.S. Federal Reserve Jerome Powell's speech at the ongoing Jackson Hole Economic Symposium. Markets are looking for new clues on the timing and pace of possible interest rate cuts by the Fed this year. The BSE Sensex was down 4 points at 81,049 while the broader Nifty index was virtually unchanged at 24,811. Bajaj Auto rose nearly 3 percent after it became the first automotive (auto) original equipment manufacturer (OEM) to receive a domestic value addition (DVA) certificate for all 15 electric models. Apollo Hospitals Enterprise, Hero Moto Corp, Tata Motors and Coal India all rose around 1 percent. FSN E-Commerce Ventures rallied 3.3 percent and Ambuja Cements advanced 1.6 percent after block deals. Adani Power rose 1.3 percent after It received approval from the NCLT Hyderabad bench to acquire Lanco Amarkantak Power. On the flip side, Wipro, LTIMindtree and Titan Company all fell over 1 percent. Shriram Finance edged down slightly after it received regulatory approval for selling its entire stake in Shriram Housing Finance Limited to Mango Crest Investment, an affiliate of Warburg Pincus.

Sensex

European Shares Mixed As Traders Await Key Eurozone Data

Sensex

Asian Markets Track Wall Street Lower

DAX Edges Lower As Business Sentiment Falls In August

Sensex

Global market focus: Oil prices fluctuate and rebound, US dollar rebounds slightly, multiple economic data hits

Japanese Market Modestly Lower

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Trader

The price of gold remains strong, and we broke even today.

Buy spot gold at 2665, take profit at 2673.

Today, the profit from gold trading has been obtained, and we will continue to buy at a low level.

Gold operation strategy: sell in the 2663-2669 area, add position and sell in the 2675 area, manual stop loss, target 2614-2600-2584;

Profit and loss taking in gold trading

The gold trading recommendation is to sell at 2658/2660, take a look at 26482640, and buy with 2640 support below.

In the morning session of the Asian market, both EURUSD and GBPUSD traded with stop loss, while XAUUSD made a profit

Today's gold trading advice: Sell near 2641-43, stop loss 2650, target 2623-12. Buy near 2614-16, stop loss 2606, target 2624-35.

Before the gold price touched above 2660, it was bought based on a pullback around 2625. If gold doesn't go back and goes up directly, then wait until 2660-2680 to sell.

Today's crude oil operation adopts a high sell low buy strategy, with a focus on resistance at $70.2-71.2 above and support at $68.4-67.5 below.

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Sensex

European Shares Mixed As Traders Await Key Eurozone Data

Sensex

Asian Markets Track Wall Street Lower

DAX Edges Lower As Business Sentiment Falls In August

Sensex

Global market focus: Oil prices fluctuate and rebound, US dollar rebounds slightly, multiple economic data hits

Japanese Market Modestly Lower

Please sign in

Trader

The price of gold remains strong, and we broke even today.

Buy spot gold at 2665, take profit at 2673.

Today, the profit from gold trading has been obtained, and we will continue to buy at a low level.

Gold operation strategy: sell in the 2663-2669 area, add position and sell in the 2675 area, manual stop loss, target 2614-2600-2584;

Profit and loss taking in gold trading

The gold trading recommendation is to sell at 2658/2660, take a look at 26482640, and buy with 2640 support below.

In the morning session of the Asian market, both EURUSD and GBPUSD traded with stop loss, while XAUUSD made a profit

Today's gold trading advice: Sell near 2641-43, stop loss 2650, target 2623-12. Buy near 2614-16, stop loss 2606, target 2624-35.

Before the gold price touched above 2660, it was bought based on a pullback around 2625. If gold doesn't go back and goes up directly, then wait until 2660-2680 to sell.

Today's crude oil operation adopts a high sell low buy strategy, with a focus on resistance at $70.2-71.2 above and support at $68.4-67.5 below.

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