Wednesday 24 September 2014

CAPITAL STROKE UPDATE 24 September-2014 : MCX GOLD




CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27200 R1-26900 S1-26400 S2-26100

Gold gained on short-covering as investors sought the safe haven appeal of the metal even as the riskier equity assets declined globally.

U.S.-led strikes against militants in Syria failed to spur follow-through safe-haven demand for gold after small gains.

SPDR gold trust holdings dropped by 1.20 tonnes i.e. 0.15% to 773.45 tonnes from 774.65 tonnes.

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