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Buy Gold August 2023 @ 58550 SL 58350 TGT 58850-59000. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 58270-58950
Gold remained in range as investors traded cautiously ahead of U.S. inflation data
Employment report showed the U.S. economy added the fewest jobs in 2-1/2 years in June
Investors scaled back expectations of an end to the Fed's rate-hiking cycle.
Data showed COMEX gold speculators raised net long position by 12,733 contracts to 99,205 in week ended July 3.
BUY GOLD Aug 2023 @ 58550 SL 58350 TGT 58850-59000. MCX
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