Buy Gold Aug 2023 @ 59000 SL 58750 TGT 59300-59500. MCX - Kedia Advisory
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Gold
Observation
Gold trading range for the day is 58730-60130
Gold dropped as US inflation slows
The annual inflation rate in the US declined to 4% in May, the lowest since March 2021
Reduced appetite from central banks to bring gold demand down in 2023
Gold ETF demand turns positive in May as investors look for safe-haven assets
BUY GOLD Aug 2023 @ 59000 SL 58750 TGT 59300-59500. MCX
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