Daily Gold Outlook Jan 05, 2017.

Gold prices gained in Asia on Thursday as investors read the Fed minutes to suggest that a potential three rate hike forecast for this year was too dependent on President-elect Donald Trump pushing through aggressive tax cuts and spending plans. In today’s session Gold future currently is trading around $ 1173.85 per ounce with 0.73% of gain in prices. In MCX Gold future expected to open in flat to positive zone. Technically on daily charts now Gold Feb future having a very good resistance level at Rs 27950 and support seen at Rs 27550. Intra-day traders advice to Buy Gold Feb future above Rs 27750 for the target price of Rs. 27950, with stop loss 27550.
Published on Jan 5 2017 11:05AM, by sudhanshubbd in Commodity tips| Share This

Leave a Reply