CAPITAL STROKE COMMODITY UPDATE 2 JULY 2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28300 R1-28000 S1-27400 S2-27100. Gold prices reversed gains to settle down as investors took profits after strong exchange-traded fund buying supported prices.The Institute for Supply Management said its index of purchasing managers fell to 55.3 last month from a reading of 55.4 in May.SPDR gold trust holdings gained by 5.69 tonnes i.e. 0.72% to 796.39 tonnes from 790.70 tonnes.
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