CAPITAL STROKE COMMODITY UPDATE 30 MAY 2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27400 R1-27100 S1-26600 S2-26300 Gold trading range for the day is 26393-27163.Gold eased but bounced off after data showed the U.S. economy contracted in the first quarter for the first time in three years.The U.S. Commerce Department estimated that gross domestic product shrank in the first quarter at a 1.0 percent annual rate.Gold was also hurt by stronger equities and a firmer U.S. dollar, while the geopolitical situation in Ukraine was also being eyed.


For more details visit: http://www.capitalstroke.com/ or contact on 0731-3299704