Buy Gold Dec 2022 @ 50500 SL 50300 TGT 50750-50900.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 50102-51282.
Gold prices increased as the dollar rally paused and as investors digest the monetary policy outlook.
The recent payrolls report showed the US labour market remains resilient, with payrolls rising by a bigger-than-expected 261K
However, with the jobless rate rising above forecasts, investors also consider that much more tightening won't probably be necessary.
India activity slows post Diwali rush; China demand steady
BUY GOLD DEC 2022 @ 50500 SL 50300 TGT 50750-50900.MCX
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