MTECHTIPS:-Gold to trade in 29254-29506 range: Achievers Equities
MTECHTIPS- Gold trading range for the day is 29254-29506. Gold steadied with investors showing concern over the impact of the potential economic policies of U.S. president-elect Donald Trump. One interest rate increase, possibly next month, may be enough to bring U.S. rates to a neutral setting, Fed’s Bullard said. SPDR Gold Trust said its holdings fell 0.13 percent to 926.26 tonnes on Wednesday from 927.45 tonnes on Tuesday. SELL GOLD DEC @ 29500 SL ABV 29720 TGT 29360-29180. MCX.
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