EPIC RESEARCH MCX Gold UPDATE OF 28 February 2019

Gold trading range for the day is 33007-33757.

Gold prices fell pressured by a mild revival in dollar after comments from the U.S. Trade Representative dampened expectations of a quick resolution to U.S.-China trade dispute.

Fed's Powell stayed on script at a U.S. Senate Banking Committee, but it slipped in his question-and-answer session with U.S. senators.

Improving risk appetite lifted the British pound following media reports Prime Minister Theresa May was considering delaying the March 29 deadline for the UK’s exit.


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