MTECHTIPS;-Gold to trade in 28579-29035 range: Achiievers Equities

MTECHTIPS;-Gold to trade in 28579-29035 range: Achiievers Equities

MTECHTIPS- Gold trading range for the day is 28579-29035. Gold dropped as the dollar strengthened and expectations for a U.S. interest rate hike this month weighed, though moves were muted ahead of key U.S. data. Markets dramatically adjusted expectations for U.S. interest rate hikes this year following hawkish comments from several top Fed officials last week. China’s gold reserves rose to $74.376 billion at the end of February, from $71. at end-January, data showed. SELL GOLD APR 2017 @ 28850 SL 29000 TGT 28720-28550 .MCX.

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