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Gold Trading Range for the Day with Base Metal Trading Call

Gold prices edged higher on a weaker dollar and as markets waited for the outcome of the U.S. Federal Reserve’s policy meeting. MCX Free Tips: Gold trading range for the day is 27488-27734.

Fed’s Yellen declared that the central bank was raising interest rates by 0.25%, and that it designed three additional rate hikes next year.

mcx gold trading

Data prior to Fed statement showed U.S. retail sales barely raised in November, while U.S. Industrial production fell more than expected.

CALL: SELL LEAD DEC

BELOW 158.50,

T1- 158,

T2- 157.50,

T3- 156.50,

SL ABOVE 159.40.

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