Sell Gold Dec @ 78700 SL 78900 TGT 78400-78200. MCX - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 77965-78955.
Gold steadied as uncertainty surrounding the election hasrecently boosted prices.
Fed is widely anticipated to implement a modest 25 bps interestrate cut, following a significant half-percentage point reductionin September.
Nonfarm payrolls rose by 12,000 in October, well below marketexpectations of 113,000.
Gold demand in India jumped amid festival purchases,although volumes were lower than usual.
SELL GOLD DEC @ 78700 SL 78900 TGT 78400-78200. MCX
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