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06-07-2023 12:43 PM | Source: Kedia Advisory
Buy Gold Aug 2023 @ 59800 SL 59550 TGT 60150-60300. MCX - Kedia Advisory
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Gold

Gold trading range for the day is 59630-60250

Gold steadied following weakening of US dollar and US Treasury yields

Weak economic data in the US reinforced the view that the Fed will pause the tightening cycle next week.

ISM Services PMI pointed to sluggish growth in the US services sector during May

Russia sells gold from its National Wealth Fund to finance budget deficit

BUY GOLD Aug 2023 @ 59800 SL 59550 TGT 60150-60300. MCX

 

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