MTECHTIPS;-Gold to trade in 28851-29391 range: Achievers Equities

MTECHTIPS- Gold trading range for the day is 28851-29391. Gold prices ained as worries about the political landscape in the United States and Europe and a subdued dollar reinforced investor interest. Fed’s Marker said he would be open to raising interest rates again at the U.S. central bank’s March meeting if growth in jobs and wages continues. SPDR gold trust holdings gained by 0.51% i.e. 4.15 tonnes to 818.65 tonnes from 814.50 tonnes. BUY GOLD APR 2017 @ 29050 SL 28900 TGT 29180-29350. MCX.

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