Buy Gold Aug 2023 @ 59000 SL 58780 TGT 59350-59550. MCX - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 58820-59450
Gold steadied on expectations that Fed will likely end its monetary tightening cycle.
US consumer confidence index rose to 117 this month, up from June's revised reading of 110.1.
Chinese officials said they plan to implement stimulus measures to support its ailing property sector.
China's net gold imports via Hong Kong down 29% in June
BUY GOLD Aug 2023 @ 59000 SL 58780 TGT 59350-59550. MCX
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