MTECHTIPS:-Gold to trade in 28562-28882 range: Achievers Equities
MTECHTIPS- Gold trading range for the day is 28562-28882. Gold fell as the dollar strengthened on growing expectations of Fed rate hike in December following positive U.S. economic data. Fed policymakers appeared confident that the economy was strengthening enough to warrant interest rate increases soon. New orders for U.S. manufactured capital goods rebounded in October, driven by rising demand for machinery and a range of other equipment SELL GOLD DEC @ 28800 SL 29000 TGT 28620-28500. MCX.
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