Friday, 13 June 2014

CAPITAL STROKE UPDATE 13-June-2014 : MCX GOLD




CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-26900 R1-26600 S1-26000 S2-25700
Gold prices gained after unrest in Iraq threatened to erupt into outright civil war, which bolstered the yellow metal's safe-haven appeal.
Also support seen as weaker than expected retail sales and initial jobless claims underlined concerns over the health of the U.S. economy.

The U.S. Commerce Department said that retail sales inched up by a seasonally adjusted 0.3% last month, missing expectations.

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