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25/05/2023 11:16:02 AM | Source: Kedia Advisory
Buy Gold Jun 2023 @ 59600 SL 59400 TGT 60000-60200. MCX - Kedia Advisory
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Buy Gold Jun 2023 @ 59600 SL 59400 TGT 60000-60200. MCX - Kedia Advisory

Gold 

Observations

Gold trading range for the day is 59330-60660

Gold prices remained under pressure from a stronger dollar

President Joe Biden and House Speaker Kevin McCarthy signaled cautious optimism that a deal to raise the debt ceiling would be reached

Fed’s Bullard suggested the possibility of raising rates by another half-point this year

Fed's Kashkari described the decision to pause or hike rates inJune as a close call

 

BUY GOLD Jun 2023 @ 59600 SL 59400 TGT 60000-60200. MCX

 

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