27/07/2023 11:12:24 AM | Source: Kedia Advisory
BUY GOLD Aug 2023 @ 59300 SL 59100 TGT 59600-59800. MCX
GOLD
Observations
Gold trading range for the day is 59020-59790
Gold gains as U.S. new home sales drops 2.5% in June
New home sales dropped 2.5% last month and were at aseasonally adjusted annualized rate of 697,000 homes.
China's net gold imports via Hong Kong down 29% in June
Swiss gold exports down in June vs May due to lower shipmentsto China, India
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The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
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