MTECHTIPS:-Gold to trade in 28822-29380 range: Achievers Equities

MTECHTIPS:-Gold to trade in 28822-29380 range: Achievers Equities

MTECHTIPS-Gold trading range for the day is 28822-29380. Gold prices recovered from lows to end with gains as the U.S. dollar and Treasury yields came off their highs. U.S. economic data has also stoked talk that the Federal Reserve would press ahead with U.S. interest rate hikes sooner rather than later. SPDR gold trust holdings gained by 0.50% i.e. 4.14 tonnes to 836.72 tonnes from 832.58 tonnes. BUY GOLD APR 2017 @ 29150 SL 29000 TGT 29220-29350 .MCX.

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