Wednesday 17 September 2014

CAPITAL STROKE UPDATE 17 September-2014 : MCX GOLD





CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27500 R1-27300 S1-26700 S2-26500

Gold recovered from lows as a weaker dollar and rallying crude prices prompted bullion investors to cover bearish bets ahead of Fed policy meeting.

Investors were also looking ahead to Thursday's independence vote in Scotland, with polls currently show that the referendum is too close to call.

SPDR gold trust holdings dropped by 4.18 tonnes i.e. -0.53% to 784.22 tonnes from 788.40 tonnes.

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