01-01-1970 12:00 AM | Source: Kedia Advisory
Buy Gold Jun 2023 @ 59250 SL 59000 TGT 59600-59800. MCX - Kedia Advisory
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GOLD 

Observations

Gold trading range for the day is 59000-60180

Gold dropped after data showed better U.S. economic data

A surging U.S. dollar index and rising U.S. Treasury yields are also bearish

The second estimate of first-quarter U.S. GDP came in better than expected

Weekly U.S. jobless claims came in well below marketexpectations.

 

BUY GOLD Jun 2023 @ 59250 SL 59000 TGT 59600-59800. MCX

 

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