Buy Gold Aug 2023 @ 57900 SL 57700 TGT 58200-58400. MCX- Kedia Advisory
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Gold
Observations
Gold trading range for the day is 57450-58420
Gold prices drop as U.S. GDP grows 2% in Q1
Fed Chair Powell Reiterates the need for further rate hikes The Fed left the target for the funds rate unchanged at 5%-5.25% in June but signaled rates may go to 5.6% by year-end
China's May gold imports via Hong Kong dip as retail demand eases
BUY GOLD Aug 2023 @ 57900 SL 57700 TGT 58200-58400. MCX
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