Monday, 21 July 2014

CAPITAL STROKE UPDATE 22-July-2014 : MCX GOLD




CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28500 R1-28300 S1-27800 S2-27500
Gold rose as political tensions simmered after downing of a Malaysian airliner in eastern Ukraine last week and incessant fighting in Gaza.

Concerns that tensions in Ukraine could escalate even further kept investors camped out in safe-haven positions.

SPDR gold trust holdings dropped by 1.80 tonnes i.e. 0.22% to 803.34 tonnes from 805.14 tonnes.

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