Friday 20 June 2014

CAPITAL STROKE UPDATE 20-June-2014 : MCX GOLD



CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28200 R1-27900 S1-27300 S2-27000
Gold rose as the Federal Reserve's lack of commitment to raise interest rates and continued tensions in the Middle East unleashed a wave of short covering.The Fed statement and geopolitical tensions sparked a frantic reversal in market sentiment.
Lower U.S. 2014 growth forecast by the Fed and lingering geopolitical tensions in Iraq and Ukraine rekindled investors' interest in gold

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