MTECHTIPS;-Gold to trade in 27488-27734 range: Achiievers Equities

MTECHTIPS;-Gold to trade in 27488-27734 range: Achiievers Equities

MTECHTIPS-Gold trading range for the day is 27488-27734. Gold prices edged higher on a weaker dollar and as markets waited for the outcome of the U.S. Federal Reserve’s policy meeting. Fed’s Yellen announced that the central bank was raisin interest rates by 0.25%, and that it planned three additional rate hikes next year. Data prior to Fed statement showed U.S. retail sales barely rose in November, while U.S. industrial production fell more than expected. SELL GOLD FEB BELOW 27480 SL ABV 27620 TGT 27360-27240. MCX.

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