01-05-2023 11:41 AM | Source: Kedia Advisory
Buy Gold FEB 2023 @ 55500 SL 55300 TGT 55800-56000.MCX - Kedia Advisory
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Gold

Gold trading range for the day is 55409-56189.

Gold gains as investors await a slew of data releases in the US calendar and the FOMC minutes for clues on the central bank's rate-hike path.

Signs that global inflationary pressures may be peaking encouraged central banks to slow the pace of interest-rate hikes later last year

British manufacturers are starting 2023 on the back foot, after reported one of their sharpest falls in activity since the 2008-09 recession

China's factory activity shrank at a sharper pace in December as surging COVID-19 infections disrupted production and weighed on demand

BUY GOLD FEB 2023 @ 55500 SL 55300 TGT 55800-56000.MCX

 

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