03-10-2023 11:10 AM | Source: Kedia Advisory
Buy Gold Apr 2023 @ 55100 SL 54900 TGT 55350-55550. MCX - Kedia Advisory
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Gold

Observations

Gold trading range for the day is 54530-55790

Gold gains as dollar index fell after weekly claims unexpectedly fell to their lowest since December.

Fed’s Powell warned that the ultimate level of interest rates could be higher than anticipated in light of strong economic data

Gold demand in India in February improved:

WGC Central banks continue to show strong demand for gold in 2023: WGC

BUY GOLD Apr 2023 @ 55100 SL 54900 TGT 55350-55550. MCX

 

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