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08-02-2023 10:09 AM | Source: Kedia Advisory
Buy Gold Oct 2023 @ 59200 SL 59000 TGT 59550-59750. MCX - Kedia Advisory
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GOLD

Observations

Gold trading range for the day is 58980-60140

Gold down as dollar strengthens on hope for soft landing in U.S. economy.

Chinese stimulus measures will drive economic growth dented safe-haven demand for bullion.

India's gold demand in 2023 could fall 10% from a year ago to their lowest in three years

Global gold demand fell 2% year-on-year to 920.7 metric tons in the second quarter of 2023

BUY GOLD Oct 2023 @ 59200 SL 59000 TGT 59550-59750. MCX

 

 

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