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HDFC

Gold zooming upAn exchange-traded fund (ETF) is a type of pooled investment security that operates much like a mutual fund. Gold ETFs will track a particular commodity i.e. gold and Gold ETFs can be easily purchased or sold on a stock exchange the same way that a regular stock can. HDFC Gold ETF created solid support around 42 levels, consolidated there for many weeks, and finally zoomed up and also decisively crossed the immediate resistance at 44-45 levels. Now sustaining above 44 levels, chances are high, we may see a rally or a spike until 50-52 levels in this gold ETF in the coming months. Not a recommendation to trade.
HLong
by manuagarwal21