Monday 4 August 2014

CAPITAL STROKE UPDATE 5-August-2014 : MCX GOLD



CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28700 R1-28400 S1-27800 S2-27500
Gold fell as a bailout agreement to rescue Portugal's largest listed bank and higher equities lessened safe-haven buying.

Bullion has dropped in five out of the last six sessions after a string of encouraging U.S. economic data.

SPDR gold trust holdings dropped by 1.79 tonnes i.e. 0.22% to 800.05 tonnes from 801.84 tonnes.

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