Monday, 18 August 2014

CAPITAL STROKE COMMODITY UPDATE 19-AUG-2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28900 R1-28600 S1-28000 S2-27700.  Gold fell after upbeat U.S. data and waning Ukraine fears chipped away at the precious metal's appeal as a hedge to uncertainty. The U.S. central bank is expected to raise rates in the middle of next year, depending on the strength of the economy. SPDR gold trust holdings gained by 2.06 tonnes i.e. 0.26% to 797.69 tonnes from 795.60 tonnes.
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