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08-09-2023 11:55 AM | Source: Kedia Advisory
Gold trading range for the day is 59000-59600 -Kedia Advisory
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GOLD

Observations

*Gold trading range for the day is 59000-59600

*Gold dropped as dollar gains after weak China trade data

*Fed's Bowman: more rate hikes may be needed

*Central banks become net gold buyers in June, ending three-month selling streak

*SPDR Gold ETF holdings down 0.3%

 

BUY GOLD Oct 2023 @ 59000 SL 58800 TGT 59400-59600. MCX

 

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