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Rohan Saha

Founder - Burn Inves... • 2m

Even though the market fell today, our MMI index still jumped from 64 to 67 it's now just a few points away from the 'extreme greed' zone. I have a feeling that even a small move in the Indian market could trigger a noticeable shift in the MMI, especially since gold buying is picking up fast. Gold had a big rally today, and since gold buying is part of the MMI calculation, that’s definitely playing a role. Overall, I think the market will stay sideways for a bit maybe for a few days or at least until tomorrow depending on what the Fed announces. Personally, I don’t think the Fed will cut rates just yet, at least not until there’s more clarity on the tariff situation.

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Rohan Saha

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The way gold has been surging for the past few days, it seems like a healthy correction might occur in the gold market in the coming days.

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As the dollar got stronger gold dropped quite a bit today it's already down more than 1%

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With the tensions rising in the middle east gold has been on a solid run the market might feel a bit shaky for a few days but honestly i see this as a great chance to pick up some good opportunities in certain sectors.

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