MTECHTIPS;-Gold to trade in 27740-28056 range: Achievers Equities

MTECHTIPS;-Gold to trade in 27740-28056 range: Achievers Equities

MTECHTIPS- Gold trading range for the day is 27740-28056. Gold dropped as the dollar strengthened lifted by U.S. non-farm payrolls data that showed a slowing in hiring last month but an increase in wages. Non-farm payroll data showed that US added 156,000 jobs in December, less than expected, but a rebound in wages pointed to sustained labour market momentum. Gold demand in Asia gathered some steam on wedding season purchases in India, with prices swinging to a premium there for the first time in over a month. SELL GOLD FEB @ 27950 SL 28100 TGT 27820-27600. MCX.

WWW.MTECHTIPS.COM
07489294118-119