Moneycontrol
Jan 13, 2017 02:52 PM IST IST | Source: Moneycontrol.com

Gold to trade in 28234-28600 range: Achiievers Equities

According to Achiievers Equities, Gold price gained while Comex Gold test $1,200 for first time in two months after president-elect fails to address spending plans.

Achiievers Equities' report on Gold

Gold trading range for the day is 28234-28600.  

Gold price gained while Comex Gold test $1,200 for first time in two months after president-elect fails to address spending plans.  

Trump delivered a wide-ranging briefing that lasted longer than expected but contained no  details on tax cuts and infrastructure spending  

Gold has been bullish in early 2017, but with big investors taking flight amid forecasts  from the Fed for three rate rises this year.  

SELL GOLD FEB @ 28420 SL 28600 TGT 28280-28100.MCX. 

For all commodities report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
X
Sections
Follow us on
Available On