EPIC RESEARCH MCX GOLD UPDATE OF 19 MAY 2017

Gold trading range for the day is 28322-29196. Gold rallied as concern over US President Donald Trump spurred a sell off in emerging market currencies. President Donald Trump, striking a defiant tone after days of political tumult, denied colluding with Russia during his 2016 campaign.Gold pulled back from two-week highs after stronger US manufacturing and initial jobless claims data dented the ‘flight to safety’ trade.

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