Buy Gold Aug 2023 @ 59100 SL 58900 TGT 59400-59600. MCX - Kedia Advisory
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Gold
Observation
Gold trading range for the day is 58410-59860
Gold prices were little changed as traders digest the latest monetary policy decisions.
The Federal Reserve paused its tightening campaign, but hinted at further interest rate hikes this year.
ECB raises rates for 8th straight time
Capacity utilization rate in US decreased to 79.6% in May of 2023 from an upwardly revised 79.8% in April
BUY GOLD Aug 2023 @ 59100 SL 58900 TGT 59400-59600. MCX
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