Following the Labor Day holiday in the U.S.
- The S&P500 index is expected to stay within its August range (2950 to 2810) at first. Depending on external events the Index may break free of its consolidation range later in the week.
- Oil is expected to have a narrow weekly range move within the $56.75 to $52.75 area for this week
- GOLD is expected to hold above the $1500-$1485 zone. Any dip is likely to attract new buyers.
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