Gold trading range for the day is 58870 - 59190 - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 58870-59190.
Gold dropped as the U.S. labor market remains fairly robust
The U.S. Labor Department said that weekly jobless claims fell by 13,000 to 216,000
Central banks stepped up gold buying in July – WGC
Central banks added 55 920.7 metric tonnes during the month with China, Poland and Turkey being prominent buyers
BUY GOLD OCT @ 58850 SL 58650 TGT 59100-59300. MCX
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