EPIC RESEARCH MCX GOLD UPDATE OF 13 JANUARY 2017

Gold trading range for the day is 28234-28600. Gold price gained while Comex Gold test $1,200 for first time in two months after president-elect fails to address spending plans. Trump delivered a wide-ranging briefing that lasted longer than expected but contained no details on tax cuts and infrastructure spending Gold has been bullish in early 2017, but with big investors taking flight amid forecasts from the Fed for three rate rises this year.

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