Buy Gold Feb 2023 @ 54800 SL 54600 TGT 55100-55300.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 54345-55691.
Gold rose as the dollar slipped on an improving risk sentiment, though trading volume is expected to remain low due to the holidays.
China announced that it will end quarantine requirements for inbound travelers in early January, boosting market sentiment.
Investors also assessed data from last week showing US inflation continued to ease in November, though a hawkish Fed outlook kept markets on edge.
US posts smallest goods deficit in nearly 2 years
Buy Gold Feb 2023 @ 54800 SL 54600 TGT 55100-55300.MCX
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