BUY GOLD Aug 2023 @ 58250 SL 58050 TGT 58550-58700. MCX - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 57860-58920
Gold dropped as labor market remains tight strengthened the case for hawkish Fed
A report from the ADP showed that more than twice the amount of expected job creations were added in US economy in June
Job cuts fell to their lowest in eight months and continuing jobless claims dropped to a four-month low.
Investors await the monthly US payroll report for more clues on the monetary policy outlook
BUY GOLD Aug 2023 @ 58250 SL 58050 TGT 58550-58700. MCX
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