Gold Dribbles Within $30 Range as Fed Minutes Loom

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फेड ने रोक लगाई, पर एक और बढ़ोतरी संभव है

Gold price (Yellow Metal) probes a two-day downtrend as it treads water around $1,835 during early Wednesday. In doing so, the bright metal remains inside the one-week-old trading range of around $30.00 as traders await the Federal Open Market Committee’s (FOMC) Monetary Policy Meeting Minutes. It’s worth noting that the geopolitical fears and the US Dollar’s lackluster moves around the multi-day top seem to add filters to the Yellow Metal traders.

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Nifty Future Analysis: No Specific Cues Yet, Alertness Needed To Win

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Nifty Future Analysis: The week gone by was only slightly different from the earlier one. The market still hasn’t gone anywhere yet. Monday started with the same kind of dullness of the last week, but the market quickly made amends by moving up on the next two sessions. Just as traders were getting ready to play the long side, the bears came right back, slammed the door in the face of the bulls, particularly in the Bank Nifty. FII were buyers earlier in the week, but turned net sellers once again. 

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