07-05-2023 09:42 AM | Source: Kedia Advisory
Buy Gold Aug 2023 @ 58200 SL 57950 TGT 58500-58700. MCX - Kedia Advisory
Gold
Observation
Gold trading range for the day is 58130-58690
Gold steadied as investors awaited Fed minutes for more clues
Data showed that US manufacturing contracted further in June to the lowest reading in nearly three years.
Fed Chair Powell indicated it will take time to bring inflation back down to the 2% target
Gold imports from UAE to India hit two-decade low
BUY GOLD Aug 2023 @ 58200 SL 57950 TGT 58500-58700. MCX
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