MTECHTIPS;- Gold to trade in 28449-28697

MTECHTIPS;- Gold to trade in 28449-28697

MTECHTIPS-Gold trading range for the day is 28449-28697. Gold dropped as the dollar rose after hawkish comments from a top Fed official. New York Federal Reserve President William Dudley reinforced expectations that the U.S. central bank will continue on its path of tightening monetary policy. U.S. home building fell for a third straight month in May to the lowest level in eight months as construction activity declined broadly. SELL GOLD AUG 2017 @ 28650 SL 28750 TGT 28550-28450. MCX.

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