Sell Gold Jun 2023 @ 60500 SL 60700 TGT 60200-60000. MCX

17/05/2023 11:38:14 AM | Source: Kedia Advisory

Sell Gold Jun 2023 @ 60500 SL 60700 TGT 60200-60000. MCX - Kedia Advisory

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Gold

Observations

Gold trading range for the day is 59340-61950

Gold fell after U.S. officials indicated they expect interest rates tostay high

Investors looked ahead to a key meeting for the outcome ofdebt-ceiling negotiations in Washington

US retail sales coming in short of market expectations in April,which showed consumers slowing their activity.

Fed’s Barkin is not convinced inflation is on a steady declineback to the U.S. central bank’s 2% target.

SELL GOLD Jun 2023 @ 60500 SL 60700 TGT 60200-60000. MCX

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Sell Gold Jun 2023 @ 60500 SL 60700 TGT 60200-60000. MCX - Kedia Advisory

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