MTECHTIPS:-Gold to trade in 27380-27726 range: Achievers Equities

MTECHTIPS:-Gold to trade in 27380-27726 range: Achievers Equities

MTECHTIPS- Gold trading range for the day is 27380-27726. Gold dipped slightly ahead of key two-day meeting of U.S. Fed that is expected to deliver the second interest rate rise in a decade. Fed’s Charles Evans said that it was “still early to have a good idea of what fiscal policies and other events are going to mean.” Reflecting lacklustre sentiment, holdings of the SPDR Gold Trust, holdings are down over 9 pct since November. BUY GOLD FEB @ 27450 SL 27320 TGT 27580-27720. MCX.

WWW.MTECHTIPS.COM

07489294118-119