Thursday, 5 June 2014

CAPITAL STROKE UPDATE 6-June-2014 : MCX GOLD



CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-26500 R1-26200 S1-25600 S2-25300
 Gold gained after the ECB cut interest rates to record lows and its chief Mario Draghi unveiled a package of new stimulus measures.The ECB lowered the deposit rate to -0.1 percent, meaning it will effectively charge banks for holding their money overnight.
Markets were now eyeing Friday's U.S. nonfarm payrolls to gauge the strength of the economy.

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